[Foreign Media: Cryptocurrency Industry Actively Engages in U.S. Midterm Elections with Substantial Funding] BlockBeats News, February 16, according to The Hill, the cryptocurrency industry, after achieving several key victories and accumulating significant funds in 2024, is ramping up spending in preparation for the upcoming U.S. midterm elections. The industry's primary super political action committee network, Fairshake, had over $193 million in cash on hand at the beginning of 2026 and has announced several targets for this election cycle: including supporting Representative Barry Moore (Republican-Alabama) in the Alabama Senate race and pushing for the removal of Representative Al Green (Democrat-Texas) in the House elections. After making significant investments in the last U.S. election and claiming victories in at least two high-profile races, the industry has secured some early achievements in Congress, significantly elevating the cryptocurrency sector's standing in Washington. The cryptocurrency industry's influence was most notable in 2024, when it spent tens of millions of dollars intervening in multiple primaries and highly competitive elections. According to 2024 campaign finance filings, the Fairshake super PAC network, which includes three affiliated groups, spent nearly $180 million in total during the last cycle.