Crypto Super PAC Network to Support Florida Republican House Candidates

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On March 22, according to Politico, a Super PAC network funded by the crypto industry will support two Florida Republican candidates in the US House special election on April 1. The network includes Fairshake, Defend American Jobs, and Protect Progress. Defend American Jobs will place $1.2 million in ads supporting Florida Senator Randy Fine. Fine previously posted on X platform, stating: "Floridians want to see crypto innovation" and calling for "clear regulatory rules". The Super PAC will also invest $345,000 to support Jimmy Patronis, who plans to run for the seat of former Representative Matt Gaetz. Patronis previously wrote to the Florida Management Board requesting research on potentially investing part of the state's retirement funds in digital assets. Currently, there are 4 vacant seats in the US House of Representatives, two of which are in Florida. If the Democratic Party wins all seats, the Republican Party's lead in the House will be reduced to just one vote.

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