Pro‑crypto PAC Protect Progress plans $1.5m spend next month against Rep. Al Green over his anti‑crypto voting record. A cryptocurrency-aligned super PAC announcedPro‑crypto PAC Protect Progress plans $1.5m spend next month against Rep. Al Green over his anti‑crypto voting record. A cryptocurrency-aligned super PAC announced

Crypto PAC to spend $1.5m to unseat Rep. Al Green

2026/02/19 18:09
2 min read

Pro‑crypto PAC Protect Progress plans $1.5m spend next month against Rep. Al Green over his anti‑crypto voting record.

Summary
  • Protect Progress, aligned with Fairshake, will pour $1.5m into ads and outreach in Texas’ Democratic primary to defeat Green.
  • The PAC cites Green’s opposition to FIT 21, the Digital Asset Market Clarity Act, the GENIUS stablecoin bill, and his support for SAB 121 bank‑custody limits.
  • Fairshake and affiliates control about $193m in cash from donors including Ripple, Coinbase and a16z, signaling deeper crypto lobbying in 2026 races.

A cryptocurrency-aligned super PAC announced plans to spend $1.5 million opposing Rep. Al Green in the Texas Democratic primary next month, according to a statement released by the organization.

Protect Progress, a federal super PAC affiliated with Fairshake, said the funds will support advertising and voter outreach aimed at unseating Green, a longtime member of the House Financial Services Committee who has voted against several major crypto-related bills.

The group cited Green’s opposition to measures including the Financial Innovation and Technology for the 21st Century Act, the Digital Asset Market Clarity Act currently under consideration, and the GENIUS stablecoin bill that passed earlier this year. The organization also pointed to his support for maintaining the SEC’s Staff Accounting Bulletin 121, which limited how banks custody digital assets.

“As a member of the Financial Services Committee, Representative Al Green has decided to try and stop American innovation in its tracks,” Fairshake spokesperson Josh Vlasto said in a statement.

Green, who has served in Congress since 2005, has voiced skepticism about cryptocurrency, warning of potential risks to the U.S. dollar’s global role and raising concerns about the sector’s economic and environmental impact, according to public statements. During a House hearing last year, he dismissed claims that regulators pressured banks to cut ties with crypto firms, calling “Operation Choke Point 2.0” a “made-up statement.”

Green is running in a reshaped Houston-area district following Texas redistricting and faces Democratic challenger Christian Menefee, who has received favorable assessments from crypto advocacy groups.

Fairshake and affiliated committees reported holding approximately $193 million in cash earlier this year, following fundraising from major industry players including Coinbase, Ripple and Andreessen Horowitz, according to federal filings. The spending reflects how crypto-backed political groups plan to engage in the 2026 election cycle, backing candidates supportive of digital asset regulation while opposing lawmakers viewed as hostile to the industry.

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0005626
$0.0005626$0.0005626
+1.29%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Do You Need a Lawyer to Start a Company in Los Angeles?

Do You Need a Lawyer to Start a Company in Los Angeles?

Starting a company can be your dream come true. You have an idea. You may have savings. And even have your first client lined up. Then you come out of your bubble
Share
Techbullion2026/02/20 14:11
Microsoft Corp. $MSFT blue box area offers a buying opportunity

Microsoft Corp. $MSFT blue box area offers a buying opportunity

The post Microsoft Corp. $MSFT blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC + WXY correction $MSFT 8H Elliott Wave chart 9.04.2025 In the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06 This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend. $MSFT 8H Elliott Wave chart 7.14.2025 The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 – 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 – 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction. Conclusion In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/microsoft-corp-msft-blue-box-area-offers-a-buying-opportunity-202509171323
Share
BitcoinEthereumNews2025/09/18 03:50
GBP/JPY holds losses near 208.50 ahead of UK Retail Sales, PMI data

GBP/JPY holds losses near 208.50 ahead of UK Retail Sales, PMI data

The post GBP/JPY holds losses near 208.50 ahead of UK Retail Sales, PMI data appeared on BitcoinEthereumNews.com. GBP/JPY loses ground for the second successive
Share
BitcoinEthereumNews2026/02/20 13:45