Cryptocurrency companies have already spent about $189 million to influence the 2026 US midterm elections, surpassing their spending at the same stage of the previous election cycle and cementing the industry's position as the biggest source of corporate political funding, according to a new report by consumer advocacy group Public Citizen.

June 30 : Cryptocurrency companies have spent $189 million so far to influence the 2026 U.S. midterm elections, outpacing their spending for the previous election cycle, according…

Fairshake, a major super PAC dedicated to supporting pro-crypto candidates, has received $82 million in donations this cycle, Public Citizen said.