John Deaton, a prominent advocate for XRP holders and outspoken critic of SEC actions against Ripple, is gearing up for another bid to enter U.S. politics. After narrowly losing the Senate race in 2024, Deaton has announced his intention to challenge Democratic Senator Ed Markey in 2026, signaling his continued interest in shaping policy at the federal level amid ongoing debates surrounding cryptocurrency regulation and blockchain innovation.
Deaton Rejoins the Political Arena
John Deaton, the well-known crypto advocate and legal expert specializing in blockchain issues, has disclosed plans to run again for the U.S. Senate. This time, he aims to challenge incumbent Senator Ed Markey in Massachusetts come 2026, after an unsuccessful bid in 2024. The attorney made his announcement at a campaign event held in Worcester, Massachusetts, reaffirming his determination to represent the interests of crypto stakeholders and broader constituents alike.
Running as a Republican, Deaton’s previous campaign was notable for its strong support from the crypto industry, including contributions exceeding $360,000 in the first quarter of 2024. Although the 2026 campaign does not focus explicitly on digital asset policies, Deaton’s prior clashes with Elizabeth Warren over crypto regulation hint at his ongoing commitment to blockchain-friendly legislation.
Deaton’s legal triumphs, especially his efforts supporting XRP holders in the SEC’s lawsuit against Ripple Labs, have bolstered his standing within the crypto community. His advocacy aligns with broader industry calls for clearer regulation and fair treatment of blockchain projects.
Massachusetts’s political landscape is competitive, with Democratic Congressman Seth Moulton also seeking to challenge Markey’s seat. Markey, approaching 80 years of age, has previously criticized crypto mining for its environmental impact and opposed certain crypto-friendly legislation.
What Lies Ahead?
Supporters like Mason Lynaugh, community director at Stand With Crypto, see Deaton’s candidacy as a vital voice for crypto policy in Congress. “He’s rallying a base of voters who want to see the industry’s interests represented at the federal level,” Lynaugh noted.
While it remains uncertain how Deaton’s bid will fare in a politically competitive state, his previous support from crypto executives and industry donors underscores his influence in the crypto policy arena. The 2026 race promises to escalate as candidates debate the future of blockchain regulation, DeFi innovations, and the role of cryptocurrencies in America’s financial ecosystem.