Flash
US Republicans urge Fairshake to increase support for GOP candidates in midterms
On May 17, Axios reported that the Republican Party in the United States is putting pressure on the crypto industry to increase financial support for GOP candidates in the 2026 midterm elections. Although the Republican Party has recently promoted a number of pro-crypto legislation, including the CLARITYAct, the crypto super PACFairshake, which has approximately US$165 million in financial reserves, has not yet announced its key support districts, causing dissatisfaction among the Republican camp. Some Republicans worry that Fairshake may avoid betting on the GOP all over the board because it is unwilling to offend Democrats.