Crypto Victory? Industry Critic Loses NY 16th District Democratic Primary

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As the crypto industry gains weight in politics, candidates’ stances on cryptocurrencies make the difference when voting. Recently, the industry critic congressman Jamaal Bowman lost New York’s 16th District Democratic primary to George Latimer. Representative Bowman’s campaign was opposed by the crypto Super Political Action Committee (PAC) Fairshake.

On June 25, Fox Business journalist Eleanor Terret reported that US congress member Jamaal Bowman had lost the NY Democratic primary. Seemingly, Bowman’s stance on cryptocurrencies played a crucial factor in his run for reelection.

According to the non-profit organization Stand with Crypto (SWC), the Democratic Representative is classified as “strongly against” the industry.

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