Deep Tide TechFlow news, June 30 - According to a report by consumer rights organization Public Citizen cited by Reuters, cryptocurrency companies have so far invested $189 million to influence the 2026 U.S. midterm elections, surpassing the $170 million spent in the 2024 election cycle and accounting for more than one-third of all corporate political spending this year, making it the largest source of corporate political expenditure.

The report shows that the super PAC "Fair Shake," which supports pro-crypto candidates, has received $82 million in donations this cycle. The industry hopes to leverage political spending to advance legislation such as a stablecoin regulatory framework and the "Clear Act," although the latter remains stalled in the Senate.