Wed Sep 25 07:20:59 UTC 2024: ## Crypto Advocacy Group Tracks Candidates’ Stances Ahead of November Elections

With the November elections just two months away, the crypto community is closely watching the political landscape, particularly the shifting attitudes of candidates towards the industry. Stand With Crypto, a digital assets advocacy group backed by Coinbase, is actively tracking these stances and releasing rankings based on candidates’ statements and actions.

**Democratic Senators Show a Shift, But Still Lag Behind Republicans**

While Republican senators largely hold strong support for crypto, evidenced by a majority receiving an ‘A’ rating (strongly supportive), Democratic senators are showing a more mixed picture. While five Democratic senators have earned an ‘A’ rating, including Senate Majority Leader Chuck Schumer and Senators Kyrsten Sinema and Cory Booker, a significant portion of the party’s senators still hold a neutral or negative stance on crypto.

**House Democrats Catching Up**

In contrast to the Senate, the House of Representatives shows a more significant shift among Democrats, with dozens of candidates receiving an ‘A’ rating. This includes prominent figures like former House Speaker Nancy Pelosi. While the majority of Republican House candidates also hold an ‘A’ rating, the significant number of pro-crypto Democrats indicates a growing support for the industry within the party.

**Top Races: Trump and Vance Lead with Pro-Crypto Stances**

In the crucial presidential and vice-presidential races, Republican candidates Donald Trump and J.D. Vance both hold an ‘A’ rating. However, Vice President Kamala Harris and Democratic vice-presidential candidate Tim Walz have yet to be rated due to a lack of clear statements on crypto.

**Stand With Crypto Endorses 21 Candidates Across Parties**

Stand With Crypto has publicly endorsed 21 candidates, 11 Republicans and 10 Democrats, based on their pro-crypto stance and support for regulatory clarity within the industry. Notably, the group highlights candidates Yadira Caraveo (D-Colo.) and Zach Nunn (R-Iowa), both of whom voted against the SEC’s controversial SAB 121 bulletin and support a clear regulatory framework for the crypto industry.

As the November elections approach, the crypto community will be watching closely to see how these rankings evolve and how candidates’ positions on crypto impact their campaigns.

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