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The future of cryptocurrencies in the United States is closely linked to the political climate. The upcoming elections will play a very important role in determining the direction of the industry. Especially in the face of regulatory uncertainties and the enforcement-based regulatory approach of appointed regulators, there is a need for responsible and fair regulations.
Fairshake Super PAC, supported by significant connections representing the country’s crypto community, has managed to raise over $78 million in funds and continues to do so. This financial support aims to back bipartisan candidates who advocate for crypto-friendly policies in the 2024 elections. The focus is to promote an environment that encompasses the 52 million Americans investing in digital assets and to give them the chance to realize the American Dream.
Contributions to Fairshake Super PAC have been made possible by effective crypto organizations and individuals dedicated to the responsible expansion of the sector. Among the main supporters are Andreessen Horowitz, Ark, Brian Armstrong, Blockchain Capital, Wences Casares, Circle, Coinbase, Ron Conway, Cumberland, Framework Ventures, Hunter Horsley, Jump Crypto, Kraken, Lightspark, Messari, Multicoin Capital, Paradigm, Potter Ventures, Ripple, and the Winklevoss twins.
Although financial support is very important, the real power lies in local movements. A local initiative called “Stand with Crypto,” supported by Fairshake, aims to register 1 million passionate members for crypto-friendly policies before the 2024 elections. The movement has gained 215,000 supporters, surpassing 20% of its target within just four months of its launch.
Through financial support and local advocacy, the crypto community aims to shape a regulatory environment that is in harmony with the principles of justice, responsibility, and innovation.
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