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Crypto's $130 million congressional election binge has candidates like Utah's John Curtis poised for big wins

CNBC
Summary
Nutrition label

82% Informative

Republican John Curtis is a favorite of the crypto industry in his bid to win the Senate seat held by Mitt Romney .

Curtis' attitude toward crypto is a big reason why digital coin enthusiasts have filled his coffers in his campaign.

The Defend American Jobs PAC , a single-issue committee focused on cryptocurrency and blockchain policy, has contributed more than $1.9 million to Curtis' campaign.

$3.6 million in crypto PAC money has gone to candidates in Arizona , $5.4 million in New York , more than $4.8 million in Virginia .

Half of that spend went to Republican Michelle Park Steel in California , with half of that money going to GOP candidate.

The focus is on supporting lawmakers who embrace regulation that favors the technology.

VR Score

85

Informative language

85

Neutral language

68

Article tone

formal

Language

English

Language complexity

57

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not offensive

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not hateful

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not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

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