Michigan House Rep Loses Primary after $2M Support from Crypto PAC

Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow

Fairshake PAC invests $2M+ backing pro-crypto incumbent Shri Thanedar but loses Detroit primary; however, the PAC wins five other races, expanding crypto support in Congress. Each Senate vote on the Digital Asset Market Clarity Act becomes critical—crypto industry has built lasting legislative power, directly impacting tech regulatory compliance and budget decisions on emerging assets.