Just over a week after a “blue wave” handed Democrats control of the U.S. House and Senate, 14 races remain to be called. The results so far have resulted in crypto proponents in both chambers, and the remaining elections could bring even more to Congress.
Three candidates in the uncalled races received support from Crypto Political Action Committees (PACs). According to Stand With Crypto, every candidate in these races is either a strong supporter of cryptocurrencies or does not have a clear position.
As crypto advocacy groups look ahead to 2028, they are turning their attention to candidates who have not yet publicly commented on crypto.
House races have yet to be called
Crypto PACs supported three candidates in still-undecided races in the US House of Representatives. In Alaska and North Carolina, two incumbents are leading, while a Louisiana state senator faces a runoff election in December.
Representative Nick Begich is leading the race for the US House of Representatives in Alaska. Defend American Jobs, Fairshake’s Republican partner, supported him with $508,142 in the August primary. The same PAC put $150,600 behind Rep. David Rouzer, who leads North Carolina’s 7th District.
Louisiana state Sen. Blake Miguez will face Democrat Chauna Banks in a Dec. 12 runoff for the state’s 6th District. The Fellowship PAC supported Miguez with $250,000.
The Associated Press called the race in South Carolina’s 2nd District for incumbent Rep. Joe Wilson on the morning of Nov. 11. Stand With Crypto rates Wilson as a “strong supporter of crypto.” His victory brought the group’s tally in the House of Representatives to 246 crypto proponents and 107 opponents, while the Senate had 50 proponents and 33 opponents.
In the remaining races, Stand With Crypto lists every candidate who either strongly supports crypto or does not have a clear position. “The new members who don’t take a stance represent an opportunity,” Blockchain Association Chief Policy Officer Lindsay Fraser told Cointelegraph.
Clarification of the upcoming congress
Nearly one in four members of the new Congress will be new, Fraser said, and many have given little thought to blockchain technology. “For us, this is a blank slate in terms of education,” she said.
The Blockchain Association is planning a fly-in in January to reach newly elected lawmakers. “It would be a great achievement to leave the 120th Congress with more members in categories A and B,” she said, referring to Stand With Crypto’s ratings. The group gives an “A” grade to candidates who strongly support cryptocurrency and a “B” grade to candidates who somewhat support cryptocurrency.
Fraser said age plays a bigger role than party affiliation in lawmakers’ votes on crypto. She said members under 55 were more likely to support the industry and that the incoming class tended to be younger.
Fraser said she wanted the industry to “come into the 2028 election with two candidates who are (…) considerate of the industry” so that the industry does not have to “live and die by the outcome of this election.”
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