Crypto Lobby Spending Is Reshaping Key US Primary Elections
-

Crypto money is playing a bigger role than ever in US primary races as political action committees and crypto executives spend millions to back pro-industry candidates ahead of the 2026 midterm elections. Reports show that much of the industry’s political strategy is focused on primaries, where parties choose their candidates before the general election.One of the biggest examples came in Georgia, where candidate Jasmine Clark reportedly benefited from over $4 million in outside crypto-linked PAC spending, far exceeding the amount raised directly by her own campaign. In Alabama, Trump-backed candidate Barry Moore reportedly received nearly $8 million in crypto-related support during a heated Senate primary battle.
Despite the massive spending, crypto itself is rarely mentioned directly in campaign messaging. Many candidates focus more on ties to Donald Trump or broader economic issues instead of openly campaigning on digital assets, showing that while crypto money is influential, the industry still isn’t fully embraced as a mainstream voter issue.