Cryptocurrency Super PAC Network to Support Florida Republican House Candidate

BlockBeats News, March 22nd, according to Politico, a Super PAC network funded by the cryptocurrency industry will support two Republican candidates in Florida to compete in the April 1st special election for the U.S. House of Representatives. The network includes Fairshake, Defend American Jobs, and Protect Progress. Among them, Defend American Jobs will run $1.2 million in ads to support Florida Senator Randy Fine. Fine had previously posted on X platform stating, "Florida residents want to see crypto innovation," and called for "clear regulatory rules."
The Super PAC will also invest $345,000 to support Jimmy Patronis, who plans to run for former Congressman Matt Gaetz's seat. Patronis had previously written to the Florida Retirement System urging them to study the possibility of investing some state retirement funds in digital assets.

Currently, there are 4 vacant seats in the U.S. House of Representatives, with two in Florida. If the Democratic Party wins all the seats, the Republican Party's majority in the House will be reduced to just one vote.