The cryptocurrency industry has spent $189 million in the 2026 U.S. midterm elections.

Jinse Finance reports that on June 30, the cryptocurrency industry has become the largest political donor among U.S. companies. Data shows that crypto companies have spent $189 million on political contributions in the 2026 U.S. midterm elections, surpassing the total spending of the 2024 election cycle. The report states that after making progress in advancing stablecoin regulatory legislation, the crypto industry is further increasing its political investment to promote more digital asset-related legislation. Meanwhile, the scale of political donations from industries such as artificial intelligence, technology, and online gambling has also grown significantly compared to before.
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