In Ohio's closely contested Senate race, a pro-crypto super PAC, Defend American Jobs (DAJ), has emerged as the top spender with a $40.8 million TV ad campaign supporting Republican candidate Bernie Moreno. The race against Democratic incumbent Sen. Sherrod Brown has attracted significant attention from the crypto industry, as Moreno, a blockchain company founder, advocates for digital assets. DAJ, backed by major crypto firms like Coinbase and Ripple, aims to influence digital asset policy in the Senate. Brown, a critic of cryptocurrencies, faces a tough challenge as the race becomes one of the most expensive this election cycle, with over $170 million spent on advertising. The outcome could impact the future of crypto regulation, with Brown's anti-crypto stance contrasting Moreno's pro-crypto position. The race also presents a chance for Republicans to gain a Democrat-held seat in a state trending towards the GOP. Read more AI-generated news on: https://app.chaingpt.org/news
Pro-Crypto Super PAC Leads Spending in Ohio Senate Race
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