Key facts
- Stand With Crypto endorsed Republican Jon Husted for a Senate seat in Ohio.
- The group also endorsed Republican Ashley Hinson for a Senate seat in Iowa.
- Democrat Chris Pappas received an endorsement for a Senate seat in New Hampshire.
- Republican Mariannette Miller-Meeks was endorsed for a House seat in Iowa.
- Democrat Shomari Figures received an endorsement for a House seat in Alabama.
- Stand With Crypto previously endorsed 32 House candidates in August.
Stand With Crypto, an organization established by Coinbase in 2023 to advocate for clear regulations in the cryptocurrency industry, has announced its endorsements for candidates in the upcoming US Congress midterms. The group revealed its support for several candidates running for Senate and House seats, aiming to influence policy related to digital assets.
Among the endorsed Senate candidates are Republican Jon Husted in Ohio, Republican Ashley Hinson in Iowa, and Democrat Chris Pappas in New Hampshire. For the House of Representatives, Stand With Crypto has backed Republican Mariannette Miller-Meeks in Iowa and Democrat Shomari Figures in Alabama. These endorsements come at a time when many polls indicate a potential Democratic majority in both chambers of Congress following the 2027 elections.
The outcome of the elections could significantly impact the legislative landscape for crypto-related bills, such as the Digital Asset Market Clarity (CLARITY) Act. This bill, which passed the House with bipartisan support in 2025, failed to secure enough votes for a crucial cloture motion in the Republican-controlled Senate on September 15. Stand With Crypto had previously endorsed 32 House candidates in August, labeling them as "proven digital asset policy champions."
Following the CLARITY Act vote, Stand With Crypto issued a warning about "consequences" for lawmakers who did not support the bill. The crypto industry has been actively involved in political funding, with groups like the Fairshake PAC, heavily supported by Coinbase, Ripple Labs, and Andreessen Horowitz, pledging substantial amounts to support candidates. As of June, Fairshake PAC had spent $82 million on candidates nationwide, including an initial $30 million pledge to support Husted over his opponent in Ohio.