A week after the “blue wave” delivered Democratic control over both chambers of Congress, 14 US House and Senate races have yet to be decided, with post-election analysis showing a growing presence of cryptocurrency supporters in Washington.
Crypto PACs target uncalled races
Three candidates in the undecided contests received substantial support from crypto-focused political action committees (PACs). Data from Stand With Crypto, an advocacy group monitoring lawmakers’ positions on digital assets, shows each candidate is either strongly pro-crypto or has not declared a stance on the issue.
Crypto PACs backed three candidates in still-undecided US House races. Two incumbents—Rep. Nick Begich in Alaska and Rep. David Rouzer in North Carolina—currently hold leads. Both candidates received significant funding from PACs supporting cryptocurrency policies. Defend American Jobs, a branch of Fairshake focused on Republican interests, contributed $508,142 for Begich during the August primary and $150,600 to Rouzer’s campaign.
Meanwhile, Louisiana state Senator Blake Miguez is set to face Democrat Chauna Banks in a December runoff for the state’s 6th District. Fellowship PAC provided Miguez with $250,000 in support.
| Candidate | State/District | PAC Support | Status |
|---|---|---|---|
| Nick Begich | Alaska (US House) | $508,142 (Defend American Jobs) | Leading |
| David Rouzer | North Carolina, 7th | $150,600 (Defend American Jobs) | Leading |
| Blake Miguez | Louisiana, 6th | $250,000 (Fellowship PAC) | Runoff, Dec. 12 |
Mini dictionary: Stand With Crypto is a US-based grassroots advocacy initiative that tracks and educates lawmakers on blockchain and digital asset policy, while publishing ratings on their crypto-related positions.
Crypto advocacy eyes new lawmakers
The Associated Press declared incumbent Rep. Joe Wilson the winner in South Carolina’s 2nd District, expanding the number of representatives rated as pro-crypto by Stand With Crypto. Wilson’s victory brought the group’s tally to 246 supporters and 107 opponents in the House and 50 supporters versus 33 opponents in the Senate.
The remaining undecided races feature candidates either strongly in favor of digital assets or with no public stance, according to Stand With Crypto. Lindsay Fraser, Chief Policy Officer at Blockchain Association, emphasized the potential significance of newly elected members who have yet to take positions on crypto. She described these individuals as presenting “a blank slate in terms of education.”
In Fraser’s view, nearly one in four members of the next Congress will be newcomers, many of whom have not engaged with blockchain technology, offering advocacy groups new opportunities for education and outreach.
The Blockchain Association, a leading US trade group representing blockchain industry stakeholders, plans a January initiative to introduce newly elected lawmakers to digital asset policies. Fraser stated that achieving higher numbers of lawmakers ranked as “A” or “B,” referring to Stand With Crypto’s ratings of strong and moderate supporters, would be a major success in the upcoming session.
She highlighted that age has become a more important factor than party affiliation when it comes to legislative votes on cryptocurrency. Lawmakers under 55 are reportedly more likely to favor the industry, and the incoming Congress will include a younger contingent.
Strategic ambitions for 2028
Looking forward to future election cycles, Fraser expressed the desire for the industry to enter the 2028 general elections with candidates who demonstrate thoughtful approaches to crypto policy. She argued this could help the sector avoid extreme volatility tied solely to political outcomes.
Fraser suggested that having two major-party presidential candidates well-versed in the digital asset industry could ensure a more stable environment for crypto beyond the election cycle.
