A new pro-crypto political action committee (PAC) has been established in the United States amid increased favorable legislation surrounding digital assets in the country under President Donald Trump’s second term in the White House.
$100 Million To Boost Pro-Crypto Candidates
The Fellowship PAC, unveiled through a press release on Monday, has pledged over $100 million to support candidates who advocate for innovation and the cryptocurrency sector, aiming to maintain America’s status as a global leader in digital assets.
What sets the Fellowship PAC apart from previous political efforts, according to their statement, is its commitment to transparency and trust. The organization emphasizes that its mission is to foster a political environment that supports the broader crypto ecosystem rather than serving narrow interests.
The new political action committee aims to build on the crypto regulatory framework being established under the Trump administration, which is viewed as a pathway for the US to become the world’s digital asset capital.
Progress has already been made in the form of the passage of the GENIUS Act for dollar-pegged cryptocurrencies, also known as stablecoins, being one of the most notorious successes for the cryptocurrency industry this year.
Super PACs Gear Up For 2026 Midterms
The Fellowship PAC’s objectives are clear: it seeks to support candidates dedicated to creating transparent and predictable regulations for digital asse
Go to Source to See Full Article
Author: Ronaldo Marquez