Stand With Crypto Takes Aim at 2026 Midterms with Pro-Crypto Agend
As the 2026 midterm elections approach, the cryptocurrency industry is ramping up its efforts to shape the political space’s crypto influence. Stand With Crypto, a prominent advocacy group backed by the Coinbase crypto exchange, is leading the charge with a new survey that aims to gauge the views of federal and state candidates on key crypto issues.
With the industry having already made a notable impact in the last election cycle, the stakes are high for crypto advocates as they push for pro-crypto policies that will ensure the US leads in the global digital asset industry. As the industry’s future hangs in the balance, the group’s efforts are set to have a significant impact on the political ecosystem.
Stand With Crypto Aims to Shape the Industry’s Future
Fox Business Journalist Eleanor Terrett revealed in an X post earlier today the latest initiative of the Coinbase-backed Stand With Crypto advisory group to bolster the US crypto industry. According to the Crypto In America post, the advocacy group is launching a new survey to gauge federal and state candidates’ stances on crypto and its key issues ahead of the 2026 midterms.
The group has reportedly sent out a survey to candidates, inquiring about their views on matters such as digital asset custody rights, innovation, de-banking, crypto mining, and consumer protection. The analysis also includes candidates’ personal experiences with digital assets and blockchain technology.
As a Coinbase-backed organization, Stand With Crypto operates a nationwide advocacy program and maintains an online tool that evaluates politicians’ crypto-friendly policies, grading them A to F. This tool proved effective in the 2024 election, and the group plans to update it with new survey data for the upcoming midterms. Coinbase President and COO Emilie Choi noted,
“We’re not going to stop. We’re going to be relentless. The midterms are going to be very important, and we want crypto to be front and center.”
Will 2026 Mirror 2024’s Pro-Crypto Surge?
The 2024 elections have been instrumental in shaping the US crypto industry as well as pushing the global market into new heights. President Donald Trump’s pro-crypto stance and his administration’s special focus on crypto policies have remarkably shaped the industry.
While it’s uncertain whether crypto will replicate its significant influence from last year’s elections, industry leaders remain undeterred and are gearing up for another push. Last year, industry-backed super PACs poured over $130 million into key races and secured victories for over 250 pro-crypto candidates.
With this survey, the Stand With Crypto group intends to get insights into the leaders’ approach to the industry to project its future. The organization’s Community Director, Mason Lynaugh, noted,
“Crypto is already having a transformational impact on our economy, and we need pro-crypto candidates to ensure the U.S. maintains its dominant global position.”
Crypto and Senator Warren Unite Against Big Banks
The Crypto In America report has also highlighted a strange support from Senator Elizabeth Warren, who remained a key crypto-critic. The report revealed that the Senator have agreed with the digital asset industry to preserve the open banking rule.
The Consumer Financial Protection Bureau (CFPB) is under pressure from both sides, with Warren and crypto companies urging the agency to reinstate the 2024 Personal Financial Data Rights rule without modification.
This rule, created based on the Dodd-Frank Act, empowers consumers to control their financial data and share it with unauthorised third parties. However, big banks like JPMorgan are pushing back, citing concerns over competition and cybersecurity. They argue that unfettered access to consumer data could compromise security and that they should be compensated for sharing valuable data. The crypto industry counters that the rule promoted competition, supports startups, and prevents big banks from stifling innovation with huge fees.
