What’s at Stake for Crypto as Three U.S. States Begin 2026 Primaries

Voters in North Carolina, Texas and Arkansas are heading to the polls as the 2026 U.S. midterm primary season begins, setting the stage for potential shifts in Congress that could directly impact cryptocurrency policy. With 33 Senate seats and all 435 House seats up for election, the outcome may influence how digital asset legislation evolves over the next two years.

In Texas, Democratic Representative Jasmine Crockett is seeking a Senate seat currently held by Republican John Cornyn. Crockett previously supported the GENIUS Act, a stablecoin payments bill, while opposing later market structure legislation. Her race has drawn significant financial attention, with more than $122 million reportedly spent as of late February.

Crypto PACs Prepare for Major Spending

Industry backed political groups are expected to play an outsized role again. Fairshake, a Super PAC supported by major crypto firms, spent over $133 million during the 2024 cycle and reported holding $193 million ahead of the 2026 midterms. Affiliates have already targeted key races in Texas and Alabama.

Crypto advocacy groups argue that previous election spending helped secure what they describe as the most pro-crypto Congress in history. With regulatory oversight, stablecoin frameworks, and broader digital asset market rules still under debate, the results of these early primaries could significantly shape the future of U.S. crypto policy.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.