From Cointelegraph
June 6, 2025 5:12 pm:

Registered voters in New Jersey will soon choose their party candidates for the 2025 gubernatorial race, with digital asset positions playing a role. Candidates addressed a crowd of cryptocurrency-minded voters at a rally organized by Stand With Crypto. The race is expected to be tight, with over 300,000 ballots already cast.

Jersey City Mayor Steven Fulop, a Democratic candidate for governor, stated that cryptocurrency is crucial for the future of the country and the world’s economic system. Stand With Crypto reported that their 60,000 registered members could impact the election. Other candidates at the rally included Democratic Rep. Josh Gottheimer and Republican Bill Spadea.

Crypto users may have directly supported candidates in the primaries. Stand With Crypto’s PAC has not yet funded any candidates in the gubernatorial election but plans to do so before November. In the 2024 Democratic primary, Fairshake and Protect Progress spent over $240,000 supporting Gottheimer. The New Jersey race could indicate how the crypto industry will approach US elections post-2024.

Fairshake’s affiliate PAC, Defend American Jobs, spent over $1.5 million supporting two Republican candidates in Florida special elections. This activity suggests that the crypto industry is increasingly involved in US elections. The New Jersey gubernatorial race could provide insights into the industry’s political strategies moving forward.

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