[Crypto Industry Invests Over $200 Million in 2026 Midterm Elections, Aiming for Favorable Regulatory Rules] According to BlockBeats, Public Citizen data shows on October 31 that crypto-related organizations have donated over $200 million in this US election cycle, attempting to influence the 2026 midterm elections and push Congress to pass favorable regulatory rules for the industry. One of the industry's current priorities is to push for legislation on a comprehensive digital asset market structure after the Clarity Act stalled. Fairshake and its affiliated super PACs are supporting 33 House candidates, including 19 Republicans and 14 Democrats. Coinbase and Ripple have each donated $25 million to Fairshake's midterm election efforts in 2025. The Ohio Senate election is a key battleground. Fairshake stated that it has spent $55 million in this election campaign against Democratic candidate Sherrod Brown, a long-time critic of the crypto industry, whose opponent is Republican Senator Jon Husted, a supporter of the crypto sector. Coinbase's advocacy group, Stand With Crypto, has endorsed 45 candidates, including 42 in the House of Representatives and 3 in the Senate. The Clarity Act stalled in the Senate in September, with Democratic lawmakers arguing it was insufficient to prevent high-ranking government officials from profiting from the crypto business. Reports indicate that if the bill fails to advance before the end of the year, the new Congress will need to restart market structure legislation. Coinbase Vice Chairman Ryan VanGrack stated that regardless of who is elected, the industry will gain more regulatory clarity, but the ultimate success of the legislation remains uncertain. [Original Link]