Stand With Crypto, the advocacy group launched by Coinbase in 2023 to press for straightforward regulations in the digital asset industry, has revealed its endorsements for the upcoming US Co
Stand With Crypto, the advocacy group launched by Coinbase in 2023 to press for straightforward regulations in the digital asset industry, has revealed its endorsements for the upcoming US Congress elections. The group named several Senate and House candidates as part of its strategy to influence legislative direction on cryptocurrency policy.
On Wednesday, Stand With Crypto named Ohio Republican Jon Husted, Iowa Republican Ashley Hinson, and New Hampshire Democrat Chris Pappas as its preferred Senate candidates for the 2026 election cycle. Husted, currently holding office in Ohio, is running against Democrat Sherrod Brown. In a notable shift, Brown previously lost to Republican Bernie Moreno in 2024 after outside groups dedicated more than $300 million to the Ohio Senate race.
Among House of Representatives endorsements, Stand With Crypto is backing Iowa Republican Mariannette Miller-Meeks and Alabama Democrat Shomari Figures. The selections come amid polling that suggests Democrats may regain the majority in both the House and Senate following the 2027 election cycle.
Stand With Crypto previously endorsed 32 House candidates in August, describing them as dedicated advocates for digital asset policy. The organization pointed to the potential influence of crypto-focused initiatives in close races.
A change in the balance of power in Congress could reshape approaches to key cryptocurrency legislation, such as the Digital Asset Market Clarity (CLARITY) Act. This major market structure bill, which earned bipartisan support in the House in 2025, failed to advance through the Republican-led Senate earlier this month after missing the necessary votes for cloture.
Earlier, Stand With Crypto issued a warning to lawmakers about the repercussions of voting against the CLARITY Act, indicating it would consider legislative records in future endorsements and political activities.
A shift in control of either chamber of Congress could significantly alter how lawmakers address bills like the Digital Asset Market Clarity Act, especially after its recent failure to clear the Senate despite passing the House with bipartisan support.
With the midterm elections nearing and only 34 days remaining, several candidates have benefited from substantial financial support linked to the digital asset industry. Political action committees (PACs) such as Fairshake, which is primarily financed by Coinbase, Ripple Labs, and Andreessen Horowitz, have played a prominent role by pledging $30 million in initial funding to back Husted in Ohio over Brown. Across all races, Fairshake has spent $82 million on candidate support as of June.
The involvement of crypto industry-backed PACs reflects high stakes in policy debates that could shape the future of digital assets in the United States.
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Stand With Crypto continues to emphasize the importance of voter engagement and legislative accountability as the midterm elections approach, while market advocates closely watch how endorsed candidates perform at the polls.
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