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, highlighting the sector's aggressive push to shape regulatory outcomes through political engagement.
The spending surge underscores the industry's strategic pivot toward direct political influence.
With regulatory uncertainty remaining a primary risk factor for digital-asset valuations, firms are allocating significant capital to secure favorable legislative environments.
This trend reflects a broader maturation of the crypto sector, which is increasingly operating like traditional financial institutions in its approach to government relations.
The financial commitment coincides with high-profile figures in the industry leveraging their wealth for political leverage.