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Morning Edition · Wednesday, June 17, 2026Published at 6:30 AM EDT · New York
Crypto's Political Money Posts a Win as a CBDC Pause Rides a Housing Bill
An industry-backed candidate won an Alabama primary backed by $12 million in crypto spending, while a congressional deal would bar the Federal Reserve from issuing a digital dollar until 2030.
The crypto industry's political spending produced a result in Alabama. Barry Moore, a Republican Senate candidate, won his primary after a crypto political action committee spent $12 million backing him, which CoinDesk reported as more cryp…
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