Crypto PACs spend $9 million in Texas and score wins in both parties

Industry-backed PACs supported Democratic and Republican candidates alike, underscoring digital assets’ growing role as a cross-party electoral force.

Industry-backed PACs supported Democratic and Republican candidates alike, underscoring digital assets’ growing role as a cross-party electoral force.

Galaxy Digital’s Alex Thorn says a $1.3 billion sale of BlackRock’s Bitcoin ETF was the largest he has seen on a dark pool, or private trading platform.

Tether plans to introduce GELT, a Georgian lari-backed stablecoin developed with support from the Georgian government. The initiative positions Georgia among the first countries to integrate a national currency directly into blockchain-based financial infrastructure under a dedicated regulatory framework. Georgia…

The amount of dollars and other fiat currencies held by users outside traditional banking channels now exceeds the official FX reserves of 95 nations.

Tokenized real-world assets firm Ondo Finance announced the unexpected death of founder Nathan Allman on Tuesday, with longtime president Ian De Bode stepping in as CEO.

Bitmine’s Tom Lee says the firm could be considered for the Russell 1000, and its stock may get a boost from active and passive fund managers.

Cryptocurrency is undergoing an identity crisis as the gap widens between its decentralized origins and today’s institution‑driven adoption, argues Meltem Demirors. The Institutional Paradox Meltem Demirors, founder and general partner of early-stage fund Crucible, argues that institutional access hasn’t made…

The announcement was made during the 8th EU-Mexico summit, where Mexico and the EU signed a trade agreement to decrease dependence on the U.S. The two governments would be focused on cooperating to curb this kind of crypto-linked illicit activity.…

“We’re not going to be outspent or out-organized by entrenched interests protecting their monopolies,” said John Bivona, head of government relations at Kalshi.

The Abolish Super PACs Act, introduced in the House and Senate, would cap individual super PAC donations at $5,000 amid growing concerns over crypto-backed campaign spending and other independent election expenditures. Super PAC Cap Would Reshape Election Spending U.S. Representative…