Yassamin Ansari, a pro-cryptocurrency Democratic candidate, won the congressional primary in Arizona's Third District by a narrow margin of 39 votes over Raquel Terán, who was endorsed by Sen. Elizabeth Warren. The result was confirmed on Tuesday after a recount. Ansari, a former Phoenix deputy mayor, will run in a strongly Democratic district in the general election, making her a likely candidate to be one of the members of Congress who supports friendly regulation of the U.S. digital asset industry.
Fairshake, the main political action committee in the cryptocurrency industry, provided about $1.4 million in advertising support for Ansari's campaign, which has drawn strong criticism from her opponents.
"We are proud to support such a leader in Congress, working with both parties, embracing innovation and promoting economic growth," said Josh Vlasto, a spokesman for Fairshake. So far, Fairshake has provided funding for as many as 21 congressional races. (CoinDesk)