Stand With Crypto Launches Political Action Committee to Support Pro-Crypto Candidates
Stand With Crypto has recently launched its own political action committee (PAC) aimed at endorsing and supporting political candidates who advocate for digital assets. The PAC will be instrumental in supporting pro-crypto politicians leading up to the November 2024 elections.
Endorsed Candidates
Currently, the PAC has thrown its support behind a diverse group of political candidates:
- 2024 Congressional hopefuls Eddy Morales (D-OR), Shomari Figures (D-AL), and Troy Downing (R-MT)
- Senatorial candidates Jim Justice (R-WV) and Jim Banks (R-IN)
Importance of Crypto in the 2024 Elections
The launch of Stand With Crypto’s PAC aligns with recent data from the Digital Currency Group (DCG) indicating a significant portion of voters in swing states consider crypto as a pivotal issue in the upcoming elections.
Crypto-Friendly Presidential Candidates
In the 2024 U.S. presidential election, both Donald Trump and Robert Kennedy have garnered support from the PAC due to their pro-crypto stances:
- Trump has announced his acceptance of digital asset donations for his campaign
- Kennedy has expressed intentions to put the entire U.S. budget on the blockchain if elected
Criticism Towards President Biden
The crypto PAC has openly criticized President Joe Biden for his stringent stance against cryptocurrency. Biden’s recent veto of H.J. Res. 109, proposed by representatives Mike Flood (R-NE) and Wiley Nickel (D-NC), has faced backlash from the pro-crypto community.
By
By
By