Crypto PACs back three candidates in uncalled US House races

More than a week after Democrats won control of the House and Senate, 14 House races remain uncalled. The results so far have already added crypto supporters in both chambers, and the outstanding contests could bring a few more into Congress.

Three crypto-backed candidates still waiting

Three candidates in the uncalled races received backing from crypto political action committees. Stand With Crypto says every candidate in those races is either strongly pro-crypto or has no stated position on the issue. That leaves little outright opposition among the remaining contests.

In Alaska, Rep. Nick Begich leads his House race. Defend American Jobs, Fairshake’s Republican-facing affiliate, backed him with $508,142 in the August primary. The same PAC put $150,600 behind Rep. David Rouzer, who leads in North Carolina’s 7th District.

Louisiana state Sen. Blake Miguez faces Democrat Chauna Banks in a Dec. 12 runoff for the state’s 6th District. The Fellowship PAC backed Miguez with $250,000.

Wilson win shifts the count

The Associated Press called South Carolina’s 2nd District for incumbent Rep. Joe Wilson on the morning of Nov. 11. Stand With Crypto rates Wilson as strongly supportive of crypto. His win brought the group’s House tally to 246 crypto supporters and 107 opponents. The Senate stood at 50 supporters and 33 opponents.

In the remaining races, Stand With Crypto lists each candidate as either strongly supportive of crypto or having no stated position. ‘The new members that have no stance present an opportunity,’ Blockchain Association Chief Policy Officer Lindsay Fraser told Cointelegraph.

Educating the incoming Congress

Nearly one in four members of the incoming Congress will be new, Fraser said, and many have given little thought to blockchain technology. ‘To us, that represents a blank slate in terms of education,’ she said.

The Blockchain Association plans a January fly-in to reach newly elected lawmakers. Fraser said leaving the 120th Congress with more members in Stand With Crypto’s A and B categories would be a big success. The group gives an A to candidates who strongly support crypto and a B to those who are somewhat supportive.

Fraser also said age plays a bigger role than party affiliation in how lawmakers vote on crypto. Members under 55 are much more likely to support the industry, she said, and the incoming class skews younger.

Looking ahead to 2028, Fraser said she wants the industry to enter that election with two candidates who are thoughtful about the industry. That, she argued, would help the sector avoid living and dying by the outcome of one election.