Will the US Congress Become More Pro-Crypto by 2026?

A Recurring History?

If history is any guide, the US Congress could become more supportive of cryptocurrency by 2026. The 2024 elections have brought unprecedented support from the cryptocurrency and blockchain industry, and experts predict this trend will continue into the midterms. Following the victory of approximately 270 legislators favorable to digital assets in Congress, cryptocurrency-related organizations and political action committees are advancing toward the next significant elections.

In July, the House of Representatives passed three important bills during the Republicans' "Crypto Week" initiative. One of these bills, concerning stablecoin payments, was signed into law by President Donald Trump. The other two bills, which focus on the market structure for digital assets and anti-CBDC policies, are awaiting debate in the Senate.

Political action committees, such as Fairshake, have continued to support candidates in the upcoming 2025 elections. With the midterm elections on the horizon, Fairshake possesses a substantial budget, ready to back candidates promoting innovation and responsible regulations.

In November 2026, voters will decide which candidates will fill the 435 seats in the House and 33 in the Senate. Republicans currently hold a majority in Congress, enabling them to implement their agenda, particularly regarding digital assets. Although the presidency is not up for grabs until 2028, even a Democratic majority in Congress could face challenges from a Republican administration.

The Fairshake report indicates they have $141 million available before the elections, fueled by contributions from cryptocurrency companies. Some candidates have already been questioned about their views on digital assets. However, it remains to be seen whether the industry will once again succeed in influencing voter opinions and election outcomes.