“The colossal campaign spending from the cryptocurrency industry is showing up in dominant fashion in Ohio’s U.S. Senate race, where its political action committees have devoted $40 million to support Republican Bernie Moreno’s opposition of Sen. Sherrod Brown (D-Ohio), the crypto-skeptical chairman of the Senate Banking Committee.”, — write: www.coindesk.com
- Money from the political action committees backed by such crypto firms as Coinbase and Ripple Labs is helping lift the Republican challenger against Sen. Sherrod Brown, who chairs the Senate Banking Committee where crypto bills have languished.
- Blockchain businessman Bernie Moreno has experienced a rapid rise in polling, some of which now put the Republican candidate atop Brown in the battleground state of Ohio.
Edited by Nikhilesh De.
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