These are the most important crypto races in the US Election today outside of the Presidency

Outside of today’s Presidential Election, the crypto industry is significantly impacting the 2024 US Senate races by channeling substantial financial support to pro-cryptocurrency candidates, aiming to influence the legislative landscape.

In the presidential race, Trump has been the more vocal crypto supporter, while Harris rarely mentioned the industry in her campaign messaging.

The Stand With Crypto PAC has consistently tracked politicians’ positions on crypto throughout the race so far. Outside the Presidency, the organization has identified the key races in today’s election. Several Senate seats in swing states and throughout the country are on the ballot, and the industry supports candidates across both aisles.

In Ohio, incumbent Senator Sherrod Brown, a Democrat and vocal critic of digital assets, faces a strong challenge from Republican Bernie Moreno, a former blockchain entrepreneur. Moreno advocates for making Cleveland a hub for blockchain startups and promises to “defend crypto” in the Senate. Per Axios, crypto groups have spent over $40 million supporting Moreno’s campaign, making the race one of the most expensive in history.

In Montana, Democratic Senator Jon Tester, who has publicly questioned the legitimacy of crypto, is contested by Republican Tim Sheehy, a business leader with connections to major financial firms. The crypto industry views this race as an opportunity to replace one of its skeptics. Crypto super PACs have amassed over $80 million for strategic campaign spending in critical states like Montana, seeing these elections as pivotal for their interests.

Pennsylvania’s Senate race features Democrat Bob Casey Jr., who has shown mixed signals toward crypto regulation. While he has supported some industry-friendly measures, he also co-sponsored the Digital Asset Anti-Money Laundering Act of 2023. His Republican opponent, Dave McCormick, is a strong crypto and blockchain technology proponent. As reported by Sahm Capital, Coinbase CEO Brian Armstrong has endorsed McCormick, citing him as the better candidate on crypto issues.

Arizona presents a unique scenario where both major candidates support crypto. Democrat Ruben Gallego, who previously criticized crypto, has shifted his stance and now holds an A rating from Stand With Crypto. Republican Kari Lake positions herself as “very pro-crypto,” emphasizing the sector’s importance to Arizona’s economy. NBC News