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Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry
Key takeaways
- Mason Lynaugh, Executive Director of Stand With Crypto, said the group’s nearly 3 million members are increasingly viewing elections as “an accountability moment.”
- “They’re going to show up and support the people that supported them,” Lynaugh said, adding that crypto voters are highly motivated and could sway close races.
- Read more: Crypto is at bottom of U.S. voters' priorities heading into elections, CoinDesk survey shows
Colin McLaren, Head of Government Relations at the Solana Policy Institute, said crypto’s political efforts are now focused on “durability,” ensuring that the future of Congress continues advancing industry priorities, including tax reform and protections for developers.
“You can make the down payment on a house, but you've got to keep paying the mortgage,” McLaren said, referring to crypto’s campaign spending efforts after the industry poured hundreds of millions into the 2024 election cycle.
Mason Lynaugh, Executive Director of Stand With Crypto, said the group’s nearly 3 million members are increasingly viewing elections as “an accountability moment.”
Article preview — originally published by CoinDesk. Full story at the source.
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