• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ron Conway Halts Involvement with Crypto PACs

user avatar

by Giorgi Kostiuk

a year ago


  1. Impact of Cryptocurrency on US Politics
  2. Ron Conway's Statement
  3. Crypto Allies' Attempts to Engage Democrats

  4. The world of cryptocurrency has found itself drawn into the political landscape over the past few months, especially in the USA with the upcoming elections. Recently, leading donor in the industry Ron Conway announced that he would be breaking from leading crypto Political Action Committees (PACs).

    Impact of Cryptocurrency on US Politics

    The cryptocurrency industry has been actively involved in the US election events over the past few months. Special attention is paid to supporting candidates who promote crypto laws and projects.

    Ron Conway's Statement

    Democrat donor Ron Conway stated that he is ending support for leading crypto associations due to their decision to pledge $12 million to unseat Senator Sherrod Brown. Conway noted that this decision could jeopardize current attempts to pass a crypto legislation bill. He also mentioned that he was not informed about this decision.

    I'm the one using my 25+ year old personal relationships to help this movement the most significantly and not one person bothered to inform me. Sadly, I’m even a donor to Fair Shake.Ron Conway

    Crypto Allies' Attempts to Engage Democrats

    Leading members of the industry have realized the importance of political influence and are attempting to engage Democrat leaders with digital assets. Recently, Senate member Chuck Schumer stated that he would pass a crypto legislation bill in the event of a Democrat win. Meanwhile, Republicans have been consistent in their support for crypto since the beginning of the US election campaigns. Meanwhile, the crypto sector has started to show market recovery after the recent significant dip, with Bitcoin surpassing $60K according to CMC data.

    Ron Conway's decision to distance himself from crypto PACs underscores the complexity of relationships in the cryptocurrency and political spheres. It is important to follow further developments, especially ahead of the upcoming elections.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Scaramucci Projects Bitcoin Price to Hit $180,000

chest

Anthony Scaramucci forecasts Bitcoin to reach $180,000 by 2025 driven by increasing institutional interest.

user avatarGiorgi Kostiuk

BlackRock Increases Investments in Ethereum, Outpacing Bitcoin

chest

BlackRock has announced a significant increase in investments in Ethereum, changing institutional strategies in cryptocurrencies.

user avatarGiorgi Kostiuk

REX Shares Aims for 200% Returns with TRON ETF

chest

REX Shares files for an ETF aiming to deliver 200% returns based on TRON's daily performance.

user avatarGiorgi Kostiuk

GMX Hack Leads to $42 Million Loss and Temporary Trading Halt

chest

GMX exchange suffers a $42 million hack. Trading is suspended as assets are put at risk.

user avatarGiorgi Kostiuk

XRP Surpasses $2.39, Whale Accumulation and Technical Analysis Indicate Growth

chest

XRP price reached $2.39, notable whale accumulation is observed alongside technical analysis suggesting an upcoming rise.

user avatarGiorgi Kostiuk

KuCoin Confirms High Reserve Ratios in Latest Hacken Audit

chest

KuCoin announced the successful completion of its Proof of Reserves audit, confirming reserve ratios above 110% for major cryptocurrencies.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.