Fintech & Crypto Alerts · Dakota Flynn · 30 September 2026

Crypto advocacy group announces picks for US midterms

Crypto advocacy group announces picks for US midterms

A crypto advocacy group announces endorsements for several US House and Senate races ahead of the 2026 midterms: Stand With Crypto is backing both Republicans and Democrats as polls favor Democrats reclaiming Congress in 2027 after the CLARITY Act stalled.

The Coinbase-linked advocacy group said it will support Senate hopefuls Republican Jon Husted in Ohio, Republican Ashley Hinson in Iowa and Democrat Chris Pappas in New Hampshire, Cointelegraph reported, citing Bloomberg.

House endorsements include Republican Mariannette Miller-Meeks in Iowa and Democrat Shomari Figures in Alabama. The picks land as many polls show Democrats favored to regain control of both chambers in 2027. More coverage is in our Fintech & Crypto Alerts hub.

Key Takeaways

Which candidates did the crypto advocacy group announce?

Stand With Crypto, launched by Coinbase in 2023 to push what it called “clear, common-sense regulations for the crypto industry,” unveiled several picks for the next Congress.

On the Senate side, it is backing Husted, who is defending his Ohio seat against Democrat Sherrod Brown. Brown lost to Republican Bernie Moreno in 2024 after outside groups spent more than $300 million in the state. The slate also includes Hinson in Iowa and Pappas in New Hampshire.

In the House, named candidates include Miller-Meeks and Figures. In August, the organization endorsed 32 House candidates it labeled “proven digital asset policy champions,” pointing to influence in tight races.

Why do the midterm endorsements matter for crypto policy?

A shift in majority control of either chamber could reshape how lawmakers handle bills such as the Digital Asset Market Clarity (CLARITY) Act. The market structure bill passed the House with bipartisan support in 2025 but failed to clear a crucial cloture motion in the Republican-controlled Senate earlier this month.

After the Sept. 15 vote, Stand With Crypto warned of “consequences” for lawmakers who did not support the bill. Cointelegraph said it sought clarification on the Husted endorsement and did not receive an immediate response.

With control of Congress potentially flipping in 2027, industry groups are treating candidate selection as a direct lever on future crypto rulemaking.

How is crypto money shaping the midterm races?

With just 34 days until the midterms, candidates are already seeing heavy crypto industry spending through PACs and direct campaign donations.

The Fairshake PAC, largely backed by Coinbase, Ripple Labs and Andreessen Horowitz, pledged to initially spend $30 million supporting Husted over Brown in Ohio. As of June, Fairshake had spent $82 million on candidates nationwide.

That war chest, paired with Stand With Crypto’s bipartisan endorsement list, underscores how the industry is trying to lock in allies before voters decide who will write the next chapter of US digital asset law.

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