Cryptocurrency companies have spent $189 million to influence the 2026 US midterm elections, surpassing their expenditure levels during the previous 2024 election cycle.
The figure comes from a new report by Public Citizen, a consumer advocacy group that tracks lobbying and political spending.
The data highlights the sector's increasing willingness to deploy capital to shape the legislative environment ahead of November's vote.
The spending surge underscores the crypto industry's strategic pivot toward direct political engagement.
With regulatory frameworks still evolving, firms are investing heavily to ensure favorable outcomes in key congressional committees.
This trend mirrors broader patterns in the tech sector, where policy uncertainty often drives increased lobbying and campaign contributions.