First in Punchbowl News: A top national crypto trade association is shoring up its ground game with a state-focused partnership.
The North American Blockchain Association will announce a “strategic alliance” with the Blockchain Association today. NABA focuses on state policy, while the BA is focused on federal policy. The two groups will coordinate their state- and federal-level advocacy as regulators move to implement the GENIUS Act, which Congress passed in July to regulate stablecoins.
The Money Game. Sandy Roberson, the Republican mayor of Rocky Mount, N.C., raised $252,000 in the third quarter for his campaign to knock off Rep. Don Davis (D-N.C.). Davis is one of the most endangered House Democrats and represents a district President Donald Trump won in 2024.
Roberson has $2.4 million on hand after giving his campaign $2 million upon entering the race in June. Roberson ran for the 1st District in 2022 and received the backing of party leaders, but lost in the primary.
Endorsement news. 314 Action, the Democratic group backing STEM-connected professionals, is endorsing two Democrats: state Rep. Manny Rutinel in Colorado’s 7th District and Thomas Fisher in Illinois’ 7th District.
