Protect Progress Spends $4.2 Million to Back Jasmine Clark in Georgia’s 7th District Primary

A cryptocurrency-focused political action committee, Protect Progress, injected $4.2 million into a U.S. House primary in Georgia to back Democratic candidate Jasmine Clark in the state’s 7th Congressional District primary.

“A cryptocurrency-focused political action committee has injected $4”

Bitcoin World

Bitcoin World said the spending marked “one of the largest single-race expenditures by the industry this election cycle,” and described the $4.2 million investment as covering advertising, direct mail, and digital outreach aimed at boosting Clark’s name recognition and voter turnout.

Bitcoin World

Bloomingbit similarly reported that Protect Progress spent $4.2 million to support Georgia Democratic candidate Jasmine Clark, framing the Georgia election as a test of the crypto industry’s political influence.

Cointelegraph added that Clark completed a questionnaire from the Coinbase-aligned organization Stand With Crypto, which said she was a candidate who “expressed strong support for establishing clear legislative and regulatory frameworks for digital assets in the United States.”

Cointelegraph reported that Clark appeared to have deleted a social media post from March saying that “digital assets are the future and provide long-overdue financial tools for unbanked communities,” while referencing the US Congress considering a crypto market structure bill.

Cointelegraph also described how Protect Progress and its affiliates Fairshake and Defend American Jobs are expected to spend millions of dollars in 2026 to support candidates they consider will advance pro-crypto policies and oppose those who don’t.

bloomingbit

Bitcoin World said Protect Progress has not performed as well as expected in several earlier primaries, where its endorsed candidates either lost or underperformed relative to the money spent.

Cointelegraph pointed to Fairshake’s 2024 spending, saying Coinbase CEO Brian Armstrong called it the “most pro-crypto Congress ever,” and noted that Coinbase is a backer of Fairshake.

The Georgia primary is being watched for whether pro-crypto forces gain ground in US politics and how that could shape future regulatory legislation, with Cointelegraph describing the race as a test of crypto PAC support for a Democratic candidate.

“Source: FEC Notably, Clark appeared to have deleted a social media post from March saying that “digital assets are the future and provide long-overdue financial tools for unbanked communities,” referencing the US Congress considering a crypto market structure bill”

Cointelegraph

Cointelegraph reported that Mason Lynaugh, executive director of Stand With Crypto, said, “we are going to do everything we can to give our advocates the tools they need to make sure that they make an informed vote,” tying the group’s work to the goal of a more pro-crypto Congress.

Cointelegraph also said Protect Progress reportedly spent more than $1.5 million opposing Green in a March primary, but Menefee only secured 46% of voters compared to Green’s 44%, triggering a runoff on May 26.

In the same broader cycle, Cointelegraph noted that Protect Progress spent about the same amount supporting Menefee, and that Protect Progress spent more than $2.8 million on media opposing Green, who voted against legislation the industry largely supported, including the GENIUS Act and CLARITY Act.