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Morning Minute: Crypto Gives Up on Congress and Goes After Senators

Digital coins with a stock market financial chart in the background, representing cryptocurrency trading.
Illustrative photo.Photo by Rafael Minguet Delgado on Pexels

What happened

Stand With Crypto, the advocacy group Coinbase started in 2023, named its first Senate endorsements on Wednesday. If Brown wins, he gets a powerful seat on the committee that writes the rules for this industry.

Plus, a major MetaMask security event has crypto natives on edge as details trickle out. Decrypt News Opinion Morning Minute: Crypto Gives Up on Congress and Goes After Senators Plus, a major MetaMask security event has crypto natives on edge as details trickle out.

The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Their new message: the fight has moved from the Capitol to the campaign trail.

The group is backing Republican Jon Husted against Sherrod Brown, who used to run the Senate Banking Committee and has spent years as one of crypto’s loudest critics. That’s why Ohio matters more than the other two races combined. It also endorsed Republican Ashley Hinson in Iowa and Democrat Chris Pappas in New Hampshire, who is running against former Republican senator John Sununu.

Sources & evidence