Stand With Crypto endorses over 30 House members after CLARITY Act defeat

  • Stand With Crypto endorsed bipartisan Senate candidates and more than 30 House members and candidates.
  • 49 senators supported the CLARITY Act, below the 60 votes required for passage.
  • Stand With Crypto plans advertising in six House races, including Don Davis's campaign.

Stand With Crypto, a Coinbase-backed American crypto advocacy organization, has endorsed more than 30 House members and candidates and several Senate candidates ahead of the upcoming midterm elections. The group endorsed Republican Sen. Jon Husted of Ohio, Republican candidate Ashley Hinson in Iowa and Democratic candidate Chris Pappas in New Hampshire. The endorsements followed the U.S. Senate's failure to advance the CLARITY Act, a crypto market structure bill that received 49 votes, short of the 60 needed. Stand With Crypto plans to advertise in six House races, including North Carolina Democratic Rep. Don Davis. Its House selections included lawmakers and candidates who voted for digital asset framework legislation, including the CLARITY Act and the Financial Innovation and Technology for the 21st Century Act (FIT21), or publicly supported digital assets and Web3. The endorsed candidates are divided roughly equally between Democrats and Republicans.

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