Crypto firms spent $189 million on 2026 midterms as of June 30, a sector record

Cryptocurrency companies spent $189 million influencing the 2026 U.S. midterm elections as of June 30, Reuters reported, outpacing the sector's previous election-cycle spending. The November midterms will determine control of both chambers of Congress. The total is expected to grow before Election Day as general-election advertising intensifies.