律动BlockBeats|May 27, 2026 03:19
Pro crypto Democratic Congressman Meneffe defeats anti crypto Congressman Al Green, PAC offers millions of dollars in support
BlockBeats News: On May 27th, the Democratic primary results for Texas' 18th congressional district showed that pro cryptocurrency Democratic Congressman Christian Meneffe defeated Al Green, who has been in office for over 20 years. According to reports, in this election, Protect Progress, an organization under Fairshake, the Super PAC for the crypto industry, invested millions of dollars to support Menebee and oppose Al Green, who has long criticized the crypto industry. A spokesperson for Fairshake stated that Green's defeat means that the anti crypto stance is having real political consequences. According to public information, Meneffe supports blockchain and believes that it has the potential to enhance transparency and efficiency in the financial and supply chain sectors, and has received an "A" rating from the crypto organization Stand With Crypto; Al Green had previously opposed the GENIUS stablecoin bill and Clarity Act, and warned that cryptocurrency assets could threaten the global position of the US dollar, with a rating of "F". Data shows that Fairshake and its affiliated organizations have raised over $395 million during the 2024 and 2026 election cycles, with major funders including Coinbase, Ripple, and Andreessen Horowitz. [Original link]
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