In a gutsy play to steer the digital frontier, Coinbase has spent a hefty $25 million on Fairshake, a super PAC that supports crypto-supportive candidates.
As the crypto world drifts further into politics, this move aims to tilt the scales in the 2026 midterms toward policies that are kind to crypto.
Coinbase: Amplifying the Crypto Voice
Coinbase’s decision to channel funds into Fairshake is a testament to the crypto community’s growing political clout. CEO Brian Armstrong emphasized this influence, stating, “The crypto voter is already a force to be reckoned with.”
This reflects a broader recognition of the cryptocurrency community as a significant political constituency that impacts election outcomes.
“The crypto voter is already a force to be reckoned with.” – Brian Armstrong
The infusion of funds aims to ensure that pro-crypto candidates have the resources necessary to compete effectively, particularly against opponents with anti-crypto stances.
We get the U.S. election results in 6 days, and no matter how you slice it, it will be the most pro-crypto congress ever.
But we're not slowing down post-election.
Today I'm announcing that @coinbase has committed another $25M to support Fairshake PAC, which they will use…
— Brian Armstrong (@brian_armstrong) October 30, 2024
Fairshake, a powerhouse in crypto regulation, is raking in $200 million this election cycle. With backing from giants like Coinbase, Ripple and a16z, they’re playing smart—staying within legal lines by unleashing hard-hitting ad blitzes against anti-crypto politicians, rather than directly funding candidates.
This tactical approach has already made waves, as seen in the case of California senate candidate Katie Porter, who was targeted by Fairshake’s campaigns and ultimately lost her primary bid. This demonstrates Fairshake’s impact in reshaping the political landscape to favor crypto-positive policies.
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Strategic Importance of the 2026 Midterms For Crypto PACs
The 2026 midterms are the tipping point for crypto in the U.S., where the stakes are towering, and Coinbase knows it. Their investment isn’t just a bid for electoral wins; it’s laying the groundwork for a future where pro-crypto laws thrive.
Armstrong bluntly said, “The stakes are too high for us to stand on the sidelines.”
The rise of the crypto voter is a spectacle, with Coinbase and Fairshake at the helm, steering this newfound power. As this group expands, crypto topics are climbing the political ladder of priorities. Armstrong’s blueprint for a Congress that understands blockchain is unfolding, hinting at the most crypto-friendly Congress on the horizon.
Coinbase is boldly playing with Fairplay to cement a crypto-friendly political landscape in the U.S. The 2026 midterms are the battleground for swaying key policy shifts, and Coinbase’s forward-thinking approach underscores the critical role of political clout in carving out the future of digital finance.
Hey Brian Armstrong, Don’t Forget the New FreeDum Fighters Token
A new crypto project that is leaning into the political sh*tshow right now is the meme token FreeDum Fighters ($DUM).
FreeDum Fighters launched its presale with fireworks, pulling in $200,000 in just four days. This meme coin takes a jab at U.S. elections, pitting Donald Trump as the tentacled MAGATRON against Kamala Harris as the cyborg Kamacop 9000. The cheeky satire has caught the eye of politically astute crypto buffs.
🦅 It's giveaway time 🇺🇸
Win your share of 1000 $USDT by entering in our Gleam giveaway now 🎁 5 random participants will receive 200 USDT each!
All instructions are in the link below 👇https://t.co/K9QiTKelzn pic.twitter.com/bgYDHefaTS
— FreeDum Fighters (@Freedum_Fighter) October 31, 2024
FreeDum Fighters offers a chance to snag $DUM tokens at $0.00006 for crypto folks looking to add humor to the U.S. election chaos. But act fast—less than three days remain before the price hikes by another $0.00005.
As election buzz intensifies, MAGA ($TRUMP) and MAGA Hat ($MAGA) meme coins lead the pack with a hefty $205 million market cap. Meanwhile, Kamala Harris ($KAMA) and Joe Biden ($BODEN) tokens are holding their ground, though their combined $11 million value pales next to the Trump-centric tokens’ dominance.
What sets $DUM apart from these meme coins is that it captures the intense rivalry between MAGATRON and Kamacop 9000 and can evolve further, introducing more mechanized FreeDum Fighters into the battle for supremacy.
FreeDum Fighters’ smart contract is fully audited by Coinsult and SolidProof, which certifies zero critical errors in its code.
Join the project’s community on X or Telegram.
Stop The Steal Now With Freedum Fighters!
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