Crypto industry spends $176 million on midterms as voter interest remains low

A survey of 1,545 U.S. adults found that only 13% consider it very important for political candidates to support crypto and DeFi, ranking it near the bottom of voter priorities. While the crypto industry has spent approximately $176 million across more than 100 midterm races, with super PAC Fairshake and its affiliates contributing about $150.8 million, voters rank supporting U.S.-based fintech builders as a higher priority at 35%. The survey also found that 63% of respondents believe the financial system needs an upgrade to combat AI and cybercrime threats.