Pro
Policy

The Week in Crypto Policy: 5 Key Races - Election Preview

Key Insights

  • Any pro-crypto successes (or anti-crypto failures) on election night will be used to incentivize Members of Congress to support bipartisan crypto legislation next Congress.
  • Industry PACs are backing incumbents who supported crypto legislation – even where challengers are also pro-crypto and regardless of political affiliation.
  • Crypto will likely have more allies in the 119th Congress.

Introduction

The analysis below highlights five races where candidates’ crypto policy positioning and industry funding may impact the result—and how those results may impact crypto in Congress.

Five races covered in detail are:

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George Leonardo is the founder of Cap Hill Crypto, a solo-entrepreneur venture focused on providing nonpartisan insights and analysis on U.S. federal crypto policy. Previously, he worked on Capitol Hill for Senator John Cornyn and as a litigation associate at Milbank LLP.

Outline
  • Key Insights
  • Introduction
  • 1. Ohio Senate: Senator Sherrod Brown (D-OH) v. Bernie Moreno (R-Challenger)
  • 2. Mass Senate: Senator Elizabeth Warren (D-MA) v. John Deaton (R-Challenger)
  • 3. Iowa House: Rep. Zach Nunn (R-IA) v. Lanon Baccam (D-Challenger)
  • 4. Colorado House: Rep. Yadira Caraveo (D-CO) v. Gabe Evans (R-Challenger)
  • 5. Michigan Senate: Rep. Elissa Slotkin (D) v. Rep. Mike Rogers (R)
Author
George Leonardo is the founder of Cap Hill Crypto, a solo-entrepreneur venture focused on providing nonpartisan insights and analysis on U.S. federal crypto policy. Previously, he worked on Capitol Hill for Senator John Cornyn and as a litigation associate at Milbank LLP.