Crypto Advocacy Group Stand With Crypto Launches Political Action Committee

A cryptocurrency advocacy group, has launched its own Political Action Committee (PAC) to make direct donations to endorsed congressional candidates. The PAC is supported by the group's own members, who are limited to $5,000 contributions. The organization has endorsed five candidates seeking open seats in the U.S. House of Representatives and Senate, and plans to endorse more in the future. The PAC will give donations directly to the candidates, unlike other prominent crypto campaign-finance efforts that have been dominated by major digital assets businesses.