A new American cryptocurrency political action committee, BLF, has been established to support candidates who advocate for blockchain-friendly policies
By: rootdata|2026/03/31 19:57:12
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As the 2026 midterm elections in the United States approach, a new cryptocurrency political action committee (PAC) — Blockchain Leadership Fund (BLF) was officially launched on March 30, 2026. The fund was initiated by members of The Digital Chamber to support candidates promoting digital asset and blockchain-friendly policies across federal, state, and local elections.
As a hybrid PAC, it can both make direct contributions to candidates and fund independent political advocacy efforts. Early supporters include Anchorage Digital and Chainlink Labs. The cryptocurrency industry is intensifying its efforts to influence the legislative process for digital assets in the U.S., especially during this critical period of discussions around regulatory frameworks like the Digital Asset Market Clear Act.
Meanwhile, the well-known crypto super PAC Fairshake (supported by Coinbase, Ripple, and Andreessen Horowitz) faced setbacks in the Illinois primary in March 2026. Despite the PAC's strong performance since 2023, having raised $260 million during the 2023-2024 election cycle, supporting 33 winners in 35 primaries, and continuously accumulating $193 million by the end of 2025.
However, its recent investment of nearly $20 million in the Illinois primary yielded poor results, with over $10 million spent opposing Democratic Senate candidate Juliana Stratton and nearly $2.5 million opposing Congressman La Shawn Ford, ultimately resulting in failure for both.
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