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Crypto PAC Fairshake backs 32 House candidates with $6M to protect pro-crypto policies before midterms

Market News
05 Oct 2026, 21:05 WIB
CNBC
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Bullish
Crypto PAC Fairshake backs 32 House candidates with $6M to protect pro-crypto policies before midterms

Fairshake, a major crypto political action committee, is backing 32 House candidates (19 Republicans, 13 Democrats) with at least $6 million to support pro-crypto incumbents ahead of the November midterms. This spending push follows the failure of the crypto industry's key market-structure bill, the CLARITY Act, in the Senate, leaving the next Congress to decide crypto regulation. Fairshake and its affiliates hold over $120 million in cash and have previously spent $71 million supporting candidates in primaries, winning 53 of 57 races. The candidates backed all voted for the CLARITY Act in the House, and several hold influential committee positions that could shape future crypto legislation.

The Fairshake crypto PAC network backing 32 House candidates is the subject. For readers following US stocks, here is Pluang's market snapshot as of Oct 06, 2026 00:05 WIB: out of 150 priced US stocks tradable on Pluang, 85 rose and 65 fell. Notable movers include Opendoor Technologies Inc (USD 2.33, -4.71%), Shopify Inc. (USD 157.39, +3.96%), and Nokia Corp (USD 10.20, -3.82%).

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