Crypto Industry's $190M Election Donations

This is a news story, published by CNBC, that relates primarily to Cameron news.

Cameron news

For more Cameron news, you can click here:

more Cameron news

crypto trading & speculation news

For more crypto trading & speculation news, you can click here:

more crypto trading & speculation news

CNBC news

For more news from CNBC, you can click here:

more news from CNBC

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about

biggest individual crypto donors

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest political donations news, Crypto spending news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

crypto donations

CNBC

•

Crypto spending on 2024 election hits $190 million, led by Winklevoss twins

Summary

Nutrition label

85% Informative

Cameron and Tyler Winklevoss are the biggest individual crypto donors this election cycle, giving a combined $10.1 million , or slightly over $5 million each, according to Federal Election Commission data compiled by crypto market and blockchain analyst James Delmore .

The industry is looking to elect pro-crypto candidates and opposes the industrywide crackdown led by SEC Chairman Gary Gensler , who was appointed by President Joe Biden .

No known donations have been made in cryptocurrency to the Future Forward PAC , which is raising funds for Vice President Kamala Harris .

Nearly half of all the corporate money flowing into this year 's election has come from the crypto industry.

The Stand With Crypto Alliance , launched by Coinbase last year , is in the midst of a cross-country bus tour through battleground states to get people registered to vote.

Electing pro-crypto candidates ultimately comes down to turning out the vote.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech