Jump Crypto donates $10 million to the digital asset industry PAC again

ChainCatcher news, according to Coindesk, a spokesperson for the Political Action Committee (PAC) confirmed that Jump Crypto has invested an additional $10 million into the committee, which is seeking to bring as many pro-cryptocurrency members into Congress as possible to achieve the legislation pursued by the industry.

It is reported that the digital asset industry's Fairshake PAC is a heavyweight organization in Congress. As of Wednesday, Fairshake and its affiliated PAC have raised nearly $169 million to date, making this emerging industry one of the most powerful campaign financing entities for the 2024 elections.