Stand With Crypto Endorses 2026 Congress Picks as Midterms Near

Stand With Crypto, the industry-aligned advocacy organization launched by Coinbase in 2023, has announced endorsements for candidates in the upcoming US midterm elections, targeting key Senate and House races that could determine the fate of pending digital asset legislation. According to Bloomberg, the group is backing Republican Senators Jon Husted in Ohio and Ashley Hinson in Iowa, along with Democrat Chris Pappas in New Hampshire. In the House, endorsements include Republican Mariannette Miller-Meeks in Iowa and Democrat Shomari Figures in Alabama, bringing the group's total House endorsements to 32 candidates it has called "proven digital asset policy champions."

The endorsements come at a pivotal moment for crypto regulation in Washington. Earlier this month, the Digital Asset Market Clarity (CLARITY) Act failed to secure enough Senate votes for cloture after passing the House with bipartisan support in 2025. Stand With Crypto Executive Director Mason Lynaugh warned of "consequences" for lawmakers who opposed the bill, and the organization is now backing candidates it believes will advance crypto-friendly legislation. With Democrats favored to regain control of both chambers in 2027 according to recent polling, the stakes for industry-aligned candidates are high.

Spending in these races has already reached significant levels. The Fairshake PAC, funded primarily by Coinbase, Ripple Labs, and Andreessen Horowitz, pledged $30 million to support Husted's defense of his Ohio seat against former Senator Sherrod Brown, who lost to Republican Bernie Moreno in 2024 after outside groups spent more than $300 million on the race. Fairshake reported spending $82 million on candidates nationwide as of June. With just 34 days remaining before the midterms, both PAC spending and direct campaign donations from crypto interests are reshaping competitive races across the country, setting up what could be a watershed moment for US digital asset policy.