The new American Cryptocurrency Political Action Committee BLF has been established to support blockchain-friendly policy candidates.

BlockBeats news: On March 31, with the U.S. 2026 midterm elections approaching, a new crypto 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, supporting candidates who work to advance policies that are friendly to digital assets and blockchain, covering elections at all levels—federal, state, and local. As a hybrid PAC, it can both make direct contributions to candidates and fund independent political advocacy efforts. Early backers include Anchorage Digital and Chainlink Labs. The crypto industry is stepping up its efforts to influence the legislative process for U.S. digital assets, especially during key moments of discussion around regulatory frameworks such as the Digital Assets Market Clarity Act.

Meanwhile, the well-known crypto super PAC Fairshake (supported by Coinbase, Ripple, and Andreessen Horowitz) suffered a setback in the March 2026 Illinois primary. Although the PAC has performed exceptionally well since 2023—raising $260 million in the 2023–2024 election cycle, backing 33 winners out of 35 primaries, and continuing to accumulate $193 million in funds by the end of 2025—its recent spending in the Illinois primary, after putting nearly $20 million into the race, proved ineffective. In total, it spent more than $10 million opposing Democratic state senator candidate Juliana Stratton and nearly $2.5 million opposing U.S. Representative La Shawn Ford; both ultimately failed.