A crypto advocacy group backed by Coinbase endorses 32 candidates for the US midterm elections, ahead of the November vote. The group, described by outlets as Coinbase-affiliated or Coinbase-backed, says the endorsements are aimed at influencing which lawmakers are elected to Congress.
Multiple reports tie the endorsements to the crypto industry’s main federal policy priority, the “Clarity Act.” New York Post says the Act stalls in the Senate amid opposition from some lawmakers, while other outlets describe the endorsements as part of efforts to secure a more crypto-friendly Congress. Cointelegraph frames the move around the election timeline, noting that it announces its picks just over two months before the general election and promotes the goal of electing pro-crypto representatives.
While the sources agree on the endorsement number and the midterm timing, their emphasis differs: some highlight the policy bottleneck around the Clarity Act, while others focus more on the campaign goal and election countdown.
