Crypto-aligned candidates gain ground in key Texas elections
Crypto-aligned candidates gain ground in key Texas elections
Crypto-backed PACs spent millions supporting candidates in Texas runoff races, with Christian Menefee and Ken Paxton among the winners.Fairshake affiliate Protect Progress spent about $5 million backing Menefee and $2.8 million opposing Representative Al Green, according to Federal Election Commission filings.The Texas races unfolded as Congress continues debating crypto market structure and stablecoin legislation, including the GENIUS Act and the Clarity Act.