Crypto-backed PACs disclosed spending more than $8 million on media to support candidates in three US states, as some Maryland Democrats have called on one candidate to reject “outside spending from crypto billionaires.”

Crypto-backed political action committees have spent more than $8 million supporting candidates in congressional primary races across three U.S. states ahead of Tuesday’s elections. According to filings with the U.S. Federal Election Commission, much of the spending has come from…

Crypto-backed political groups have spent at least $7 million on key Democratic primary races as lawmakers continue negotiating the CLARITY Act ahead of an increasingly crowded congressional calendar. According to reports on recent campaign spending, crypto political action committees have…

The bill did not specifically bar members of the US Congress from using the platforms or making sports bets, but prohibited policy wagers.

Barry Moore wins Alabama’s GOP Senate runoff after more than $12M in pro-crypto PAC support, testing Fairshake’s election power in November.