Crypto and AI companies grow political influence through donations

In short: In 2026, crypto and AI companies are spending heavily on campaign donations and lobbying, and critics worry this could lead to weaker rules that protect the public.

What's going on

Crypto companies and large tech firms tied to AI are putting more money into politics. This includes campaign donations and lobbying, which is paid advocacy meant to influence laws and regulations.

In the US, crypto policy is moving toward rules that aim to attract business. Lawmakers are advancing the GENIUS Act, with implementation expected by January 2027. Other ideas being discussed include stablecoin exemptions and regulatory sandboxes (a “practice field” where companies can test products with lighter rules for a limited time).

AI policy is also becoming a political battleground. A Trump executive order directs the Justice Department to challenge state AI laws it considers too burdensome. At the same time, Big Tech funding is reportedly flowing through super PACs, which are political groups that can spend large amounts to support or oppose candidates.

There is also more overlap between crypto and AI. Some firms are using AI systems to automate crypto trading and manage digital contracts. Supporters say clearer rules could help growth, while critics point to risks like privacy problems and weaker identity checks (KYC, which means “know your customer,” or verifying who someone is).

What to watch

Expect fights over who should set the rules for AI, states or the federal government. On crypto, watch whether innovation-friendly policies come with strong consumer protections, especially for stablecoins and automated trading. The bigger question is whether political spending ends up shaping rules mostly for industry benefit, even without direct proof that companies are “buying” specific policies.

Source: NYTimes