Tether executive warns the 2026 elections could have a 'seismic impact' on the crypto industry
A Tether executive warned that the 2026 U.S. midterm elections could significantly impact the crypto industry's policy gains.Summary
Jesse Spiro, Tether's Head of Government Affairs, stated at Consensus Miami 2026 that the upcoming U.S. midterm elections will be a crucial test for the crypto industry's policy advancements in Washington. He cautioned that the elections could have a "seismic impact" on the industry's direction, despite ongoing efforts by crypto advocacy groups to increase political spending and organize grassroots support. Spiro emphasized that crypto should not be a partisan issue and ideally would have supportive members of Congress. Other panelists, including Colin McLaren of the Solana Policy Institute and Mason Lynaugh of Stand With Crypto, highlighted the industry's focus on ensuring the "durability" of its political influence and the motivation of crypto voters to hold elected officials accountable.
(Source：CoinDesk)