Coinbase-affiliated advocacy group endorses candidates for US midterms
Stand With Crypto, an advocacy organization launched by Coinbase in 2023, has endorsed 32 candidates for House of Representatives seats ahead of the 2026 US midterm elections based on their digital asset policy views.
Intelligence analysis by Llama
Stand With Crypto, a Coinbase-affiliated advocacy group, has endorsed 32 candidates for House of Representatives seats ahead of the 2026 US midterm elections, focusing on their digital asset policy views. The group aims to influence digital asset policy in the federal government.
Imagine a group of people who care about cryptocurrency and want to make sure that the government makes good decisions about it. They're called Stand With Crypto, and they're helping to choose which politicians will be good for the crypto community. This is important because it can help shape the future of cryptocurrency in the US.
Analysis
Stand With Crypto's Endorsements
Stand With Crypto, an advocacy organization launched by Coinbase in 2023, has endorsed 32 candidates for House of Representatives seats ahead of the 2026 US midterm elections based on their digital asset policy views. The organization said it had endorsed politicians who were 'proven digital asset policy champions,' also targeting competitive races 'where Stand With Crypto advocate numbers are most likely to influence outcomes.'
The move comes as some experts expect crypto policy to be a potential swing issue for voters in many close elections. Stand With Crypto announced six candidates for its first group of endorsements in March — three Republicans and three Democrats — all of whom advanced from their primaries to compete in the November election.
Related: Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto
During the 2024 election cycle, organizations and political action committees (PACs) backed by crypto companies spent more than $170 million supporting candidates they considered to favor the industry, many of whom went on to win their races. Stand With Crypto said that more than 270 'pro-crypto' candidates were sent to Congress in 2025, potentially influencing votes on legislation like the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.
CLARITY Vote Still Waiting for Senate's Return
The makeup of the next US Congress in both the House and Senate could potentially impact whether a comprehensive crypto market structure bill becomes law. Although the House passed the Digital Asset Market Clarity (CLARITY) Act with bipartisan support in July 2025, the Senate's consideration of the legislation has been marked by discussions over ethics, tokenization, and stablecoin rewards. CLARITY is scheduled for a cloture motion once the Senate returns from recess on Sept. 15, but the chamber will only have 14 days in session before breaking before the November election.
After the midterms, the Senate will have another 22 days before 2027 to return the bill to the House, after which it could then head to the president's desk for approval. Last week, President Donald Trump stood alongside several crypto CEOs and executives, urging the Senate to pass a 'fair version' of CLARITY. However, the Trump family's financial ties to the industry could complicate a potential vote, with a majority of Americans calling the crypto investments not 'appropriate' in a recent poll.
Key points
- Stand With Crypto has endorsed 32 candidates for House of Representatives seats ahead of the 2026 US midterm elections.
- The organization aims to influence digital asset policy in the federal government and elect the most pro-crypto Congress in history.
- The endorsement comes as some experts expect crypto policy to be a potential swing issue for voters in many close elections.
- Stand With Crypto announced six candidates for its first group of endorsements in March — three Republicans and three Democrats — all of whom advanced from their primaries to compete in the November election.
- The organization said it had endorsed politicians who were 'proven digital asset policy champions,' also targeting competitive races 'where Stand With Crypto advocate numbers are most likely to influence outcomes.'
If the endorsed candidates win their elections, it could lead to a more pro-crypto Congress, which could result in more favorable legislation for the industry. This could attract more investment and growth to the crypto market.
However, the Trump family's financial ties to the industry could complicate a potential vote, and a majority of Americans calling the crypto investments not 'appropriate' in a recent poll could lead to a negative outcome for the industry.
