Gate News reports that on March 18, the Democratic primary results in Illinois, USA, were announced. Deputy Governor Juliana Stratton defeated Representative Raja Krishnamoorthi to secure the party nomination, with a strong chance of winning the November 2026 general election and entering the Senate. According to the Cook Political Report, this seat is considered a “solid Democratic hold,” and the primary results largely determine the final outcome.
In this election, Krishnamoorthi received nearly $10 million in support from the crypto industry political action committee Fairshake, while Stratton was endorsed by Governor JB Pritzker. Notably, Fairshake continued its usual strategy of focusing resources on attacking opponents rather than directly supporting candidates, but this did not change the election outcome.
Regarding crypto policy stances, the mainstream U.S. CEX-supported organization Stand With Crypto rated the two candidates differently. Krishnamoorthi received an “A” grade due to his past voting record and survey responses, while Stratton was rated “F” for lacking a clear crypto stance. This difference highlights the growing influence of the crypto industry in local U.S. politics, though it is not a decisive factor.
Additionally, AP reports that another candidate opposed by Fairshake, La Shawn Ford, also won the primary. The PAC had spent nearly $2 million opposing his campaign and was accused by his team of misleading or even defamatory advertising, though no response has been issued yet.
The election results indicate that even with increasing crypto funding in politics, voters still prioritize traditional political resources and local influence. Market analysts believe that the future direction of U.S. crypto policy will depend on federal legislative progress rather than individual state election outcomes. Meanwhile, policy expectations for mainstream assets like Bitcoin and Ethereum remain closely tied to congressional regulatory frameworks. (CoinDesk)