Summary
- The report said pro-digital-asset candidates backed by super PAC Fairshake posted a string of wins in U.S. congressional primaries.
- Fairshake said it provided more than $750,000 to Jessica Steinmann and more than $400,000 to French Hill.
- The report said North Carolina Rep. Tim Moore, who received an 'A grade' in a digital-asset policy scorecard, won with 83% of the vote.
Forecast Trend Report by Period
Candidates aligned with the digital asset (cryptocurrency) industry and backed by the sector’s super PAC, Fairshake, have logged a series of victories in U.S. congressional primary elections.
According to crypto-focused media outlet CoinDesk on the 4th (local time), former Department of Justice attorney Jessica Steinmann—endorsed by President Donald Trump—won the Republican primary in Texas’s 8th congressional district with about 70% of the vote.
Federal Election Commission (FEC) filings show Fairshake provided more than $750,000 in support for Steinmann. Rep. French Hill, an Arkansas Republican who chairs the House Financial Services Committee, also won his primary with 77% of the vote, backed by more than $400,000 from Fairshake.
In North Carolina, Republican Rep. Tim Moore won with 83% of the vote. He has previously received an 'A' grade in a digital-asset policy scorecard.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
