Coinbase-backed crypto advocacy group endorses three Senate candidates following collapse of the Clarity Act, signaling industry pivot toward electoral strategy.
Regulation & Gov ·
Stand With Crypto, the advocacy group launched by Coinbase in 2023, endorsed three Senate candidates across three races two weeks after the Clarity Act failed in a 49-50 Senate vote last month. The group is backing Republican Jon Husted in Ohio, Republican Ashley Hinson in Iowa, and Democrat Chris Pappas in New Hampshire, marking its inaugural Senate endorsements and part of a broader electoral strategy that includes House races and advertising in six campaigns. The push reflects the crypto industry's shift toward ballot-box influence following Congress's legislative stall, with the group's executive director stating its three million-plus supporters are now focused on electing candidates aligned with digital asset policy.