Kristin Smith, executive director of the American Blockchain Association, said that the American Blockchain Association is launching a political action committee (PAC), which will donate to the campaigns of "pro-cryptocurrency candidates" in both parties. The committee will still donate to candidates for this November's election, but it did not disclose which candidates. “We believe that cryptocurrency is, by definition, a nonpartisan issue, and in that spirit we will support candidates seeking the best champions for this technology, no matter which side they come from,” said Kristin Smith.