Fairshake, a political action committee (PAC) for cryptocurrency, has started fundraising for the 2026 election cycle. Despite concerns about money in politics, the cryptocurrency industry's spending is seen as necessary to protect and promote a valuable industry that benefits society. The Biden administration's actions against the industry have highlighted the need for political spending to influence regulatory decisions. While some may question the value of such spending, those within the industry believe in its positive impact and see it as a necessary decision in the current legal environment.
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