npub1rx…plrum on Nostr: 📰 Crypto-aligned PAC adds $1M to Michigan House race ad push 🗓️ Aug 01 2026 ...
📰 Crypto-aligned PAC adds $1M to Michigan House race ad push
🗓️ Aug 01 2026 17:43 UTC - Crypto Breaking News
A crypto-industry-backed political action committee affiliate has intensified its advertising push ahead of next week’s Michigan Republican primary,
➤ A crypto-industry-backed PAC, Protect Progress, has significantly increased its ad spending to over $2 million in a Michigan congressional primary race, supporting Rep. Shri Thanedar and opposing Donavan McKinney.
➤ The PAC, funded by Ripple Labs and Coinbase, is part of a broader strategy by Fairshake to influence lawmakers on digital asset legislation, framing the race as crucial for crypto policy.
➤ The increased spending highlights the ongoing tension between industry-aligned PACs promoting policy support and critics who view it as undue political influence, with similar spending patterns observed in other primaries.
#protectprogresspac #shrithanedar #donavanmckinney #ripplelabs #coinbase #fairshake #michiganprimary #cryptopolicy #politicalspending #digitalassets
🔗 Read more at:
https://rwatimes.io/articles/cryptobreaking-crypto-aligned-pac-adds-1-m-to-michigan-house-race-ad-push-3444767295Published at
2026-08-03 00:06:05 UTCEvent JSON
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"content": "📰 Crypto-aligned PAC adds $1M to Michigan House race ad push\n🗓️ Aug 01 2026 17:43 UTC - Crypto Breaking News\n\nA crypto-industry-backed political action committee affiliate has intensified its advertising push ahead of next week’s Michigan Republican primary,\n\n➤ A crypto-industry-backed PAC, Protect Progress, has significantly increased its ad spending to over $2 million in a Michigan congressional primary race, supporting Rep. Shri Thanedar and opposing Donavan McKinney.\n➤ The PAC, funded by Ripple Labs and Coinbase, is part of a broader strategy by Fairshake to influence lawmakers on digital asset legislation, framing the race as crucial for crypto policy.\n➤ The increased spending highlights the ongoing tension between industry-aligned PACs promoting policy support and critics who view it as undue political influence, with similar spending patterns observed in other primaries.\n\n#protectprogresspac #shrithanedar #donavanmckinney #ripplelabs #coinbase #fairshake #michiganprimary #cryptopolicy #politicalspending #digitalassets\n\n🔗 Read more at: https://rwatimes.io/articles/cryptobreaking-crypto-aligned-pac-adds-1-m-to-michigan-house-race-ad-push-3444767295",
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