Crypto Industry Spends Over $8 Million Lobbying for Digital Asset Market Clarity Act

The cryptocurrency industry spent over $13 million on federal lobbying in the first half of 2026, with approximately $8 million specifically targeting the Digital Asset Market Clarity Act. Major contributors included Coinbase, Kraken, Jump Crypto, Paradigm, and Digital Currency Group. Despite significant spending across 42 lobbying firms, the Senate has yet to reach a final agreement on the bill, leaving its prospects for the upcoming year-end lame-duck session uncertain.