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

March 31st — With the U.S. 2026 midterm elections approaching, the Blockchain Leadership Fund (BLF), a new cryptocurrency Political Action Committee (PAC), officially launched on March 30, 2026. Founded by members of The Digital Chamber, the fund aims to back candidates who advocate for digital asset and blockchain-friendly policies at the federal, state, and local levels of government. As a hybrid PAC, it can both contribute directly to candidates and fund independent political advocacy activities. Early backers include Anchorage Digital and Chainlink Labs. The crypto industry is ramping up efforts to influence U.S. digital asset legislative processes, particularly amid key discussions on regulatory frameworks like the Digital Asset Market Clarity Act. Meanwhile, Fairshake — a prominent crypto super PAC backed by Coinbase, Ripple, and Andreessen Horowitz — faced setbacks in the March 2026 Illinois primary elections. Despite strong performance since 2023 (raising $260 million in the 2023-2024 election cycle, supporting 33 winners in 35 primaries, and accumulating $193 million in funding by the end of 2025), the PAC’s recent nearly $20 million investment in the Illinois primaries failed to yield desired results. It spent over $10 million opposing Democratic Senate candidate Juliana Stratton and nearly $2.5 million against Representative La Shawn Ford — both of whom ultimately lost.