According to Odaily, Jamaal Bowman, a critic of the FIT 21 bill and cryptocurrency, has lost the Democratic primary in New York's 16th district to George Latimer, the Westchester County Executive. The Super Political Action Committee (PAC) Fairshake, which supports cryptocurrency, spent $2 million last week on advertisements opposing Bowman.
Josh Vlasto, a spokesperson for Fairshake, stated that Bowman's opposition to establishing clear rules for the cryptocurrency and blockchain industry has now forced him to seek an alternative path. He added that the cryptocurrency and blockchain community will continue to support candidates who believe in innovation and job creation, and are willing to work across party lines.