crypto lobbying News

As U.S. elections gear up, crypto businesses funnel funds into a political action committee, backing crypto-friendly candidates. Crypto exchange Coinbase, venture firms Andreessen Horowitz (a16z) and Electric Capital, as well as fintech company Ripple, have collectively contributed tens of millions…

The cryptocurrency industry saw a significant increase in lobbying efforts in 2023, particularly aimed at influencing stablecoin regulations and legislative outcomes on Capitol Hill.

56 companies have spent an estimated $20 million on crypto lobbying in the U.S., with America’s biggest digital asset exchange Coinbase leading the pack during 2023.