Stand With Crypto is entering the US presidential campaign financing space by launching a political action committee (PAC)

Golden Finance reported that Chief Strategist Nick Carr said that the Coinbase-backed advocacy organization Stand With Crypto is entering the field of campaign financing by opening its own political action committee (PAC). The committee's first supporters will include five candidates seeking vacant seats in the U.S. House of Representatives and Senate, but funds still need to wait. Committee members will provide support for the political action committee, but the donation limit is $5,000.