
Advocacy group targets competitive House races to influence federal digital asset policy
AI-generated summary
Stand With Crypto is an advocacy organization launched by Coinbase in 2023. The group seeks to influence federal digital asset policy by supporting candidates aligned with industry interests.
Stand With Crypto, an advocacy organization launched by Coinbase in 2023, endorsed 32 candidates for House of Representatives seats ahead of the 2026 US midterm elections based on their digital asset policy views.
In a Monday notice, Stand With Crypto said its slate of 32 candidates for the 2026 midterm elections was part of efforts to influence digital asset policy in the federal government. The organization said it had endorsed politicians who were “proven digital asset policy champions,” also targeting competitive races “where Stand With Crypto advocate numbers are most likely to influence outcomes.”
“Crypto Voters have become a durable, motivated voting bloc, which has the potential to swing key congressional races in the midterms,” said Stand With Crypto executive director Mason Lynaugh, adding:
“The midterms come at a key inflection point for crypto policy in Washington, D.C. As candidates from both parties are trying to reach voters outside of more traditional constituencies, they overlook Crypto Voters at their own peril.”
The move comes as some experts expect crypto policy to be a potential swing issue for voters in many close elections. Stand With Crypto announced six candidates for its first group of endorsements in March — three Republicans and three Democrats — all of whom advanced from their primaries to compete in the November election.
During the 2024 election cycle, organizations and political action committees (PACs) backed by crypto companies spent more than $170 million supporting candidates they considered to favor the industry, many of whom went on to win their races. Stand With Crypto said that more than 270 “pro-crypto“ candidates were sent to Congress in 2025, potentially influencing votes on legislation like the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.
CLARITY vote still waiting for Senate’s return
The makeup of the next US Congress in both the House and Senate could potentially impact whether a comprehensive crypto market structure bill becomes law. Although the House passed the Digital Asset Market Clarity (CLARITY) Act with bipartisan support in July 2025, the Senate’s consideration of the legislation has been marked by discussions over ethics, tokenization and stablecoin rewards.
CLARITY is scheduled for a cloture motion once the Senate returns from recess on Sept. 15, but the chamber will only have 14 days in session before breaking before the November election. After the midterms, the Senate will have another 22 days before 2027 to return the bill to the House, after which it could then head to the president’s desk for approval.
Last week, President Donald Trump stood alongside several crypto CEOs and executives, urging the Senate to pass a “fair version” of CLARITY. However, the Trump family’s financial ties to the industry could complicate a potential vote, with a majority of Americans calling the crypto investments not “appropriate” in a recent poll.
AI outlook — possibilities, not facts
Senate cloture motion on CLARITY Act
Likely · Within weeks

The U.S. Senate is set for a Sept. 15 procedural vote on the Digital Asset Market Clarity Act. The bill requires 60 votes to advance, facing scrutiny from several Democratic senators over consumer protection and ethics concerns.

CFTC Chair Michael Selig announced plans to unilaterally draft crypto market regulations if the Clarity Act continues to stall in the Senate. The move aims to provide oversight for exchanges and leveraged trading, as crypto markets see significant price surges.

Washington saw a flurry of crypto-related activity this week, with President Trump pushing for the Clarity Act, the SEC proposing new crypto fundraising rules, and the CFTC signaling it may act independently if Congress fails to pass legislation.

A Reuters/Ipsos poll shows 63% of Americans think Trump and his family inappropriately profited from cryptocurrency, with 69% believing his business interests influence his decisions.

South Korean lawmakers have introduced a bill to grant the Financial Intelligence Unit (FIU) direct investigative powers over unregistered crypto businesses, aiming to close gaps in enforcement where police previously suspended most cases involving overseas operators.

A Reuters/Ipsos poll reveals 63% of US respondents feel it is inappropriate for President Donald Trump and his family to profit from cryptocurrency while in office, amid calls for ethics investigations and upcoming Senate legislation.