As of June 30, the cryptocurrency industry has become the largest political donor among U.S. businesses. Data shows that political spending by crypto companies for the 2026 U.S. midterm elections has reached $189 million, surpassing the total expenditure for the 2024 election cycle. Reports indicate that following progress in stablecoin regulatory legislation, the crypto industry is further increasing its political investments to promote more legislation related to digital assets. Additionally, political donations from industries such as artificial intelligence, technology, and online gambling have also seen significant growth compared to previous periods.
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Cryptocurrency Industry Spends $189 Million in 2026 U.S. Midterm Elections
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