Connect with us

Hi, what are you looking for?

Ripple contributes
Ripple contributes

Cryptocurrency

Ripple adds $25 million to Crypto PAC’s effort to shape the 2026 US elections

Ripple Labs has pledged an extra $25 million to the Fairshake PAC, increasing its total contributions for the 2026 election cycle to $73. This move comes as the PAC seeks to support pro-crypto congressional candidates, ensuring that digital asset-friendly policies gain traction. With a total war fund of $103 million, Fairshake is well-positioned to shape US crypto law.

Ripple Labs, a leader in blockchain payments, has contributed $25 million to Fairshake, the bitcoin industry’s political action committee (PAC). This recent donation is part of the company’s continuous efforts to influence the result of forthcoming US elections. Ripple’s contribution pushes Fairshake’s total fundraising for the 2026 election cycle to a whopping $103 million, establishing the PAC as a key player in the political arena.

Fairshake has already received widespread notice for its support of pro-crypto candidates, with Ripple, along with key companies such as Coinbase and Andreessen Horowitz, contributing significant financial assistance. Together, they have helped the PAC gain a firm foothold, securing the election of candidates who favor crypto-friendly policies.

With the 2024 elections coming up, Fairshake has played a key role in achieving victory for candidates that support the expansion and innovation of digital assets. These achievements set the stage for the upcoming legislative session, where politicians will tackle the long-standing confusion in the cryptocurrency sector by clarifying legislation.

Ripple CEO Brad Garlinghouse stressed the necessity of continuing to back candidates who promote cryptocurrency, growth, and innovation. While Fairshake’s internal strategy remains hidden, the company’s dedication to bipartisan support for crypto activists is evident. As the 2026 elections approach, we expect the PAC’s power to grow further, with Ripple’s newest gift bolstering the industry’s political footprint.

As the cryptocurrency business expands, the influence of such contributions on the legislative process will be critical in shaping the future legal framework for digital assets in the United States.

author avatar
Sagar Saini
A dedicated freelance blogger with a strong passion for finance and business, With a keen interest in the world of cryptocurrency.
Advertisement

You May Also Like

Cryptocurrency

Until a new chairman is confirmed, the U.S. Securities and Exchange Commission (SEC) might hold off on laying a clear regulatory road for cryptocurrencies....

AI

OpenSea promptly cleared erroneous information that was spreading regarding a planned NFT airdrop. According to CEO Devin Finzer, a webpage including terms and conditions...

Cryptocurrency

Driven by its aggressive Bitcoin acquisition approach, Metaplanet has seen a startling 4,800% rise in its stock price over the past year. Often likened...

Cryptocurrency

The U.S. Commodity Futures Trading Commission (CFTC) has announced a shift in its enforcement approach, focused on fraud prevention and victim support. Under Acting...

polkadot
Polkadot (DOT) $ 4.99 0.01%
bitcoin
Bitcoin (BTC) $ 96,378.82 0.78%
ethereum
Ethereum (ETH) $ 2,767.72 2.24%
cardano
Cardano (ADA) $ 0.808175 3.71%
xrp
XRP (XRP) $ 2.69 2.36%
stellar
Stellar (XLM) $ 0.343486 0.51%
litecoin
Litecoin (LTC) $ 124.55 5.75%