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Crypto Industry PAC Doubles Down on Lobbying Blitz as Congress Wrestles With Landmark Legislation

Crypto Industry PAC Doubles Down on Lobbying Blitz as Congress Wrestles With Landmark Legislation

Author:
CoindeskEN
Published:
2025-06-30 15:58:17
14
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Industry's PAC Keeps Seeking to Add Allies as Congress Hashes Out Crypto Legislation

Washington's revolving door spins faster as crypto's political war chest buys allies.

The Blockchain Beltway Blitz

While lawmakers debate whether to regulate or strangle digital assets, industry lobbyists are playing three-dimensional chess. Their PAC - flush with crypto cash - is converting skeptics into supporters faster than a Bitcoin maximalist blocks Elon's latest tweet.

Follow the Money (Literally)

Campaign finance disclosures reveal six-figure donations flowing to key committee members. The strategy? Simple - when in doubt, throw more political capital at the problem. Because nothing greases Washington's wheels like well-timed contributions during an election year.

The Regulatory Tug-of-War

Congress remains divided between those who see crypto as the future of finance and others who'd prefer it stayed in the speculative dark ages. Meanwhile, the industry keeps stacking allies like DeFi yield farmers stacking stablecoins - with about as much transparency.

As the legislative sausage gets made, one thing's clear: in Washington, even decentralization has its price tag.

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