Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry

Jesse Spiro, Head of Government Affairs at Tether, said at Consensus Miami 2026 that the midterms will be a key test for whether crypto’s recent policy gains in Washington can survive politically. What to know : Jesse Spiro, Head of Government Affairs at Tether, said the 2026 midterms will be a key test for whether crypto’s recent policy gains in Washington can survive politically, warning the elections could have a major impact on the industry even after progress on legislation like the GENIUS Act. The panel at Consensus Miami 2026 broadly agreed that crypto is becoming a more organized political force ahead of the midterms, with industry groups ramping up campaign spending and voter mobilization efforts to shape Congress and push for more durable pro-crypto policy.