A Coinbase-backed advocacy organization is signaling political consequences for lawmakers after a key cryptocurrency market structure bill stalled in the Senate, promising to mobilize crypto-friendly voters ahead of the 2026 midterm elections.
Scorecards and Accountability
Stand With Crypto, the advocacy group financially supported by Coinbase, said it will begin tracking how senators vote on crypto-related legislation and fold those records into its public scorecards. The move is designed to give crypto voters a clear picture of which lawmakers have supported or opposed industry priorities heading into November's elections.
The push comes after the Clarity Act, a piece of market structure legislation the industry had championed, failed to advance. Supporters of the bill argue it would have provided long-sought regulatory clarity for digital assets, delineating oversight responsibilities and offering firmer rules of the road for companies operating in the space.
If you vote against crypto, the industry wants voters to remember it at the ballot box.
By publishing voting records, the group aims to turn legislative decisions into campaign-season talking points, rewarding allies and holding opponents accountable to a constituency it says has grown substantial enough to swing close races.
Rallying Voters for the Midterms
Stand With Crypto has positioned itself as a mobilizing force for the millions of Americans who own or trade digital assets. The organization has previously worked to register crypto-focused voters and channel their political engagement toward candidates viewed as favorable to the sector.
With the Clarity Act's failure, the group is framing the upcoming midterms as an opportunity for payback, arguing that lawmakers who blocked the legislation should face pressure from an increasingly organized voting bloc.
- Senators' crypto votes will be added to public scorecards
- The effort targets the November midterm elections
- The Clarity Act's stall is the immediate catalyst
The strategy reflects a broader trend of the cryptocurrency industry flexing its political muscle, pouring resources into elections and advocacy in hopes of shaping the regulatory landscape. Whether the scorecard approach translates into measurable electoral impact remains to be seen, but the group is betting that transparency about lawmakers' positions will energize crypto voters when they head to the polls.