Republican group boosts its senators at Bitcoin 2025

What they're saying: "Senate Republicans stood up for crypto by working to pass the GENIUS Act, helping ensure America remains a global leader in crypto," One Nation Communications Director Chris Gustafson said in a statement.

• The GENIUS Act would create a clear regulatory pathway for issuing stablecoins in the U.S. It recently passed a vote to move forward on the Senate floor.

The big picture: The crypto industry delivered massive financial support for candidates in both parties, but one of its biggest wins came from helping Bernie Moreno unseat Sen. Sherrod Brown (D-Ohio), the chair of the Senate Banking Committee.

• Vice President Vance signaled the administration's political alignment with Bitcoiners on Wednesday by speaking at the same conference, urging attendees to keep up the political pressure.

How it works: Gustafson told Axios that One Nation spent in the high five-figure range, to educate voters at Bitcoin 2025 about how Republican Senators have been supportive of their industry.

• The ads, which began running Tuesday and will continue through Thursday, are showing on billboards, mobile billboards and with digital targeting around the conference.