A cryptocurrency industry group has formed a new political action committee at the end of the 2022 midterm election cycle with the hope of helping to form the next Congress's view on the new industry.
The Blockchain Association, a group that represents more than 100 organizations in the industry, formed its PAC in September 2022 with the hope of influencing and, in future election cycles, funding candidates interested in the cryptocurrency industry.
"If you are interested in having a conversation about crypto, we want to talk to you," Executive Director Kristin Smith told the Washington Examiner.
Smith worked as an aide on Capitol Hill for 10 years, with a focus on technology policy. She founded the association by herself in 2018 and has quickly expanded it to represent an assortment of entities within the industry, including Circle, Ledger, Ripple, and several others.
The Blockchain Association PAC's formation just last month means it won't have any significant financial impact on...
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