Stand With Crypto endorses 32 House candidates for 2026 midterms

On August 24, 2026, the Coinbase-backed advocacy group Stand With Crypto endorsed 32 bipartisan House incumbents for the midterm elections, aiming to return allies who voted for the Clarity Act. The crypto industry has poured nearly $200 million into the 2026 cycle, leveraging over 3 million registered advocates. Meanwhile, the Clarity Act faces a critical Senate vote on September 15, 2026, but lacks the 60 votes needed amid disputes over stablecoin rewards and ethics provisions targeting Donald Trump's crypto profits.

Stand With Crypto House endorsements

• ▪The bipartisan list of 32 endorsees announced by Stand With Crypto on August 24, 2026, includes Republicans Tom Emmer, Bill Huizenga, Warren Davidson, and Glenn Thompson, alongside Democrats Ritchie Torres, Josh Gottheimer, and Jim Costa
• ▪Stand With Crypto stated on August 24, 2026, that it plans to announce its endorsements for the U.S. Senate closer to Election Day
• ▪The 32 House candidates endorsed by Stand With Crypto on August 24, 2026, all voted in 2025 to pass the Clarity Act out of the House of Representatives
• ▪The Coinbase-backed crypto advocacy group Stand With Crypto announced on August 24, 2026, that it is endorsing 32 incumbent U.S. House of Representatives candidates for the upcoming midterm elections

Crypto industry political influence

• ▪The pro-crypto super PAC Fairshake has $122 million on hand for the fall 2026 elections, having already funded supporting advertisements for 49 winning primary candidates
• ▪The cryptocurrency industry has poured nearly $200 million into the 2026 midterm elections, following a total spend of $170 million during the 2024 election cycle
• ▪Stand With Crypto, which was launched by Coinbase in 2023, has amassed more than 3 million registered online advocates in the United States to organize and mobilize voters

Clarity Act legislative status

• ▪The Clarity Act, which would comprehensively regulate the cryptocurrency industry at the federal level, is scheduled for a procedural vote in front of the full Senate on September 15, 2026
• ▪As of August 24, 2026, the Clarity Act does not appear to have the 60 votes required to pass the Senate, facing setbacks over stablecoin rewards and concerns about illicit finance

Trump crypto ethics controversy

• ▪A poll released by Reuters and Ipsos found that 63% of Americans believe Donald Trump's cryptocurrency profits from World Liberty Financial and his official memecoin are not appropriate
• ▪In July 2026, Donald Trump agreed to an ethics provision barring public officials and their spouses from issuing or sponsoring digital assets, which Democrats criticized for limiting enforcement to the Justice Department
• ▪U.S. Senators Ruben Gallego and Thom Tillis introduced a bipartisan proposal to expand enforcement of the presidential crypto ethics provision to state attorneys general

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