Coinbase funded group backs 32 House members as the CLARITY Act sits stuck in the Senate

Stand With Crypto endorsed 32 sitting members of Congress Monday for November’s midterm elections.

The advocacy group is funded by Coinbase. All 32 members voted last year to get the CLARITY Act passed through the House. Now the Senate has stalled the bill.

Stand With Crypto ties its slate to one CLARITY vote

The group has endorsed 32 incumbents it wants back in Washington. A single vote binds them. Each supported the CLARITY Act when it passed the House last year.

The CLARITY Act is the industry’s No. 1 legislative priority. Crypto firms say it would provide the legal assurance they have chased for years.

“In 2024 we were very much proving that the crypto voter is real,” said Lynaugh, the executive director, in an interview.

He continued, “In 2026 we’re very much showing that we have the organizing capacity and that our advocates are a true voting bloc that can move the needle.”

CLARITY faced opposition in the Senate this summer as some lawmakers pushed back. The industry’s marquee bill stalls short of the finish line despite clearing the House.

The measure passed the Senate Banking Committee in May. The distance between that committee vote and the current floor gridlock is the pressure point Stand With Crypto wants to exploit, rewarding lawmakers who have already cast a yes.

Tying the slate to one recorded vote makes the ballot a referendum on the bill. The group wants House members who voted for CLARITY back in their seats when the next Congress takes it up.

Coinbase built the group into a claimed 2.7 million advocates

In 2023, Coinbase launched Stand With Crypto as a grassroots pro-crypto advocacy vehicle. The group, which is backed by Coinbase, started an affiliated political action committee in May 2024 and spent the following year testing its reach in state primaries.

In March, it opened a “voter hub” that rates lawmakers on their digital asset positions. That rollout came with an initial six endorsements.

Reps. Zach Nunn, Susie Lee, Mike Lawler, Don Davis, Greg Landsman, and Rob Bresnahan all received A grades. The goal was to make the 120th Congress “the most pro-crypto session in America’s history,” Lynaugh said at the time.

The group claims it can mobilize 2.7 million advocates. It references survey data collected in February from 1,000 crypto owners. That data reveals 59% of owners and 77% of its voters don’t consistently vote for one party.

Another bipartisan PAC, the Blockchain Leadership Fund, backed by Anchorage Digital and Chainlink, rolled out its own 2026 endorsements in May.

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