Fairshake, the cryptocurrency industry’s leading political action committee, is supporting 32 incumbent members of the U.S. House of Representatives in their November elections, according to CoinDesk. The group is backing 13 Democrats and 19 Republicans, with six candidates set to receive about $1 million each from Fairshake and affiliated political committees.
The campaign reflects the industry’s effort to build bipartisan support for digital-asset legislation by helping lawmakers who are already viewed as favorable toward crypto and are generally considered likely to retain their seats. By concentrating on incumbents in relatively secure districts, Fairshake may strengthen relationships with lawmakers who could influence future legislation in Congress.
Six lawmakers receive top level of support
Fairshake spokesman Geoff Vetter said the organization is focused on policy rather than party affiliation. “Fairshake has always been and always will be an issue-focused organization,” Vetter said in a statement. “We back pro-crypto candidates who support American innovation in both parties.”
The three Republican lawmakers receiving the highest level of support are French Hill, Bill Huizenga and Bryan Steil. Hill chairs the House Financial Services Committee and has played a leading role in advancing cryptocurrency legislation in the House. Huizenga is a senior member of the same committee, while Steil is also a committee member and leads its digital-assets subcommittee.
The Democratic recipients are Steven Horsford of Nevada, Derek Tran of California and Janelle Bynum of Oregon. Horsford helped advance a bipartisan crypto tax bill through the House Ways and Means tax committee, on which he serves. Fairshake said Tran and Bynum are also receiving the higher level of support.
All three Democratic lawmakers have an “A” rating on digital-asset issues from Stand With Crypto, according to the source material. Bynum voted for crypto bills during her first term and spoke at the Digital Chamber’s DC Blockchain Summit earlier this year.
Bynum’s race also illustrates how Fairshake’s political activity can extend beyond a single election cycle. She defeated Republican Lori Chavez-DeRemer two years ago. Chavez-DeRemer had been supported by Fairshake in that contest before later serving as President Donald Trump’s Labor secretary. She resigned from that position earlier this year amid multiple misconduct allegations.
Committee positions shape the list
The 32 lawmakers are spread across committees that are expected to matter to the industry’s legislative agenda. Several sit on the House Ways and Means Committee, which is expected to handle cryptocurrency tax questions. Others serve on the House Financial Services Committee, a central venue for financial-market and digital-asset legislation.
The list also includes members of the House Agriculture, Science and Judiciary committees. Their roles could be relevant to future crypto bills involving areas such as market oversight, technology and legal policy. Supporting incumbents on these panels gives Fairshake access to lawmakers positioned to shape legislation across several parts of the digital-asset sector.
Vetter said Fairshake has so far supported 53 winners in 57 primary races and is working toward creating what he called “the largest pro-crypto caucus in American history.” In a number of those contests, the group backed candidates from the party considered more likely to win the general election, a strategy it also used in the previous election.
Fairshake’s latest move is concentrated on the House, where the group sees a pool of incumbent candidates with established committee roles and strong prospects of returning to Congress. The backing does not mean every supported bill will advance, but it shows how the crypto industry is seeking influence through both parties rather than relying on a single political coalition.
Senate setbacks and the campaign against Sherrod Brown
The House has not been the main obstacle for the industry’s legislative ambitions. The Senate approved the Guiding and Establishing National Innovation for U.S. Stablecoins Act, known as the GENIUS Act, last year. However, a broader market-structure bill faced a setback in the Senate after the Digital Asset Market Clarity Act failed last month.
Despite that defeat, Fairshake has not launched a broad public effort to remove senators who opposed the market-structure bill. Those opponents included all Senate Democrats and several Republicans. The group’s largest opposition campaign is instead aimed at former Senator Sherrod Brown, the Ohio Democrat seeking a return to the Senate.
Fairshake has committed about $30 million to oppose Brown. A separate political action committee established by Tyler and Cameron Winklevoss has added another $3 million to the campaign against him.
Fairshake’s spending takes the form of independent advertising purchases made outside the candidates’ own campaigns. The advertisements do not necessarily mention cryptocurrency. Instead, the super PAC chooses issues it believes are most likely to persuade voters, allowing it to support or oppose candidates without making crypto the central public message in every race.
Moneyiar market picture
Moneyiar market data at 10:08-10:09 a.m. on October 7, 2026, showed mixed performance among the listed crypto assets:
- AKEDO (AKE) was priced at $0.0281959262, down 8.1% over 24 hours and 12.95% over seven days.
- SuperVerse (SUPER) was priced at $0.2255970933, down 4% over 24 hours but up 15.12% over seven days.
- Alchemy Pay (ACH) was priced at $0.005726859, down 5.12% over 24 hours and 7.08% over seven days.
- RedStone (RED) was priced at $0.1501005417, down 9.2% over 24 hours and 10.43% over seven days.
