Crypto PAC Spending Against Sherrod Brown Passes $52 Million In Ohio

TL;DR: Crypto-aligned political committees have reported more than $52 million in spending against former Senator Sherrod Brown’s bid to return to Congress. The campaign is one of the clearest examples of the industry’s willingness to spend heavily on a single Senate seat. The cryptocurrency industry’s election spending is no longer an abstract national number. In […]
Key Takeaways
- TL;DR: Crypto-aligned political committees have reported more than $52 million in spending against former Senator Sherrod Brown’s bid to return to Congress.
- The campaign is one of the clearest examples of the industry’s willingness to spend heavily on a single Senate seat.
- The cryptocurrency industry’s election spending is no longer an abstract national number.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Could Bitcoin Price Drop to $10,000? Bloomberg Analyst Gives Grim Warning
Bloomberg Intelligence senior commodity strategist Mike McGlone renewed a stark forecast. He said Bitcoin could fall toward $10,000 if US stocks fall 20%. Analysts have pushed back sharply, pointing to on-chain data and recent price action. What McGlone Is…

Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash
Analytics firm Allium said stablecoin payments hit $482 billion this year so far, up 45%, as card spending surges and global payment firms add crypto rails.

Most Americans polled oppose betting on elections: Reuters
The prediction market industry enables people to bet on US elections and sporting events.