Coinbase-backed crypto advocacy group endorses 32 US midterm candidates

Aug 24 : Stand With Crypto, an advocacy group backed by crypto giant Coinbase, on Monday endorsed 32 incumbent congressional candidates for the November midterm elections, as the industry cements influence in Washington.The endorsements, first reported by Reuters, come as the Clarity Act, the crypto industry's top policy priority, stalls in the Senate amid opposition from some lawmakers. All the candidates endorsed voted last year to pass the bill out of the House of Representatives, and Stand With Crypto hopes to return those industry-friendly candidates to office. Crypto companies say the legislation would give them long-sought legal clarity. Stand With Crypto's 2026 campaign builds on its 2024 effort, the first cycle that the group was active, Mason Lynaugh, executive director of Stand