Top crypto group to pour millions into bipartisan slate of House races after key legislation stalls

What happened: Fairshake, a top crypto industry group, announced a bipartisan slate of 32 House candidates it will support, including 19 Republicans and 13 Democrats, after key crypto legislation stalled in the Senate. Key numbers: Six members get $1 million each. Fairshake and affiliates reported about $120 million cash on hand at end of August. Why it matters: The group is emphasizing bipartisanship as the industry looks to the next Congress to revive stalled legislation. Sen. Ruben Gallego said targeting Brown makes negotiations harder and the deal worse.

Fairshake, a top crypto industry group, announced a bipartisan slate of 32 House candidates it will support, including 19 Republicans and 13 Democrats, after key crypto legislation stalled in the Senate.

The group is emphasizing bipartisanship as the industry looks to the next Congress to revive stalled legislation. Sen. Ruben Gallego said targeting Brown makes negotiations harder and the deal worse.