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Congressional candidates and PACs are beginning to embrace the crypto boom ahead of this year’s midterm elections, auctioning off digital collectibles known as NFTs that have already drawn hundreds of thousands of dollars in donations.
The sale of non-fungible tokens by political campaigns comes after the technology exploded in popularity over the past year to become a $40 billion market, with everyone from the NBA to former first lady Melania Trump selling digital images and videos to fans via blockchain services like those that also power
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