New Jersey | Crypto

Filings with the New Jersey Election Law Enforcement Commission showed only a few small contributions from individuals tied to crypto companies for various candidates. As voters head to the ballot boxes to cast their choices for candidates in the Democratic and Republican primaries in New Jersey’s race for its next governor, funds from crypto traders and interest groups don’t seem to be as much of a factor as they were in the 2024 federal races. According to filings with the New Jersey Election Law Enforcement Commission reviewed by Cointelegraph as of Tuesday, no significant political action committees (PACs) funded by cryptocurrency companies or interest groups appeared to have contributed to any of the 12 Democratic and Republican candidates running for governor. In a search for contributions directly to candidates or PACs, only a few filings suggested any connections to the crypto industry.  Read more

Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor. Registered voters in New Jersey will soon decide who their party candidates will be for the state’s 2025 gubernatorial race, and positions on digital assets could influence the outcome. On June 5, one Republican and two Democratic candidates for the governor of New Jersey addressed a crowd of cryptocurrency-minded voters at a rally organized by the political advocacy group Stand With Crypto. The event was held five days before New Jersey voters will go to the polls in party primaries, though reportedly more than 300,000 people have already cast their ballots.  “I believe and the [state pension] board believes that cryptocurrency is an important part of the future of this country and the economic system of the world,” said Jersey City Mayor Steven Fulop, a Democratic candidate for governor, who was at the event.  Read more