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Cryptocurrency companies: 73 million dollars invested in the Midterms in favor of Washington

22/11/2022
Categories: Economy/Forex

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After several years of growing in its own corner, the American cryptocurrency industry has decided to standardize itself now to become a part of the economy like any other. This requires investments.

Cryptocurrency firms have lent themselves to the investment exercise in favor of decision makers in Washington. Indeed, this year, in the context of the mid-term elections, the cryptocurrency industry invested 73 million dollars in the election campaign.

According to OpenSecrets data, it is a non-profit organization that tracks political campaign funding and lobbying spending in the United States. According to him, these expenses are higher than those of the defense and automotive industries combined. This funding far exceeds the 13 million deployed by the crypto industry during the 2020 presidential election.

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