【Blockchain News】🚀

The cryptocurrency industry political action committee (PAC) is investing heavily in backing Republican candidate Bernie Moreno in the Ohio Senate race against incumbent Senator Sherrod Brown. PACs backed by companies including Coinbase and Ripple Labs have invested $40 million, allowing Moreno to quickly catch up to and even lead Brown in the polls.

Brown has been skeptical of cryptocurrencies as chairman of the Senate Banking Committee, where multiple crypto bills have stalled. If Moreno wins, Republicans could gain a Senate majority, which would have a significant impact on the legislative process for the cryptocurrency industry.

What changes do you think this large-scale investment will bring to the cryptocurrency industry? Welcome to share your views in the comment area!