Cryptocurrency is showing its growing power in national politics, with its own billionaires tilting the balance in key midterm contests — and operatives in both major parties rushing to implement the underlying technologies to boost their candidates and campaigns.
The big picture: Political groups backed by wealthy crypto investors have already scored some key wins in the 2022 midterm primaries. And at this early stage in the campaign, donations from the industry already have exceeded 2020 totals by more than two-thirds, according to OpenSecrets data shared with Axios.