As regulatory scrutiny on the cryptocurrency market intensifies in Washington, crypto companies are significantly boosting their contributions to US politicians. Key players such as Coinbase, the Nasdaq-listed exchange, stablecoin operator Circle, and a16z, the crypto investment arm of venture capital firm Andreessen Horowitz, are allocating increased funds to support the election of pro-crypto lawmakers and influence stalled bills in Congress. Notable figures in the venture capital and digital asset space, including Ron Conway, Fred Wilson, and the Winklevoss twins, have also joined this initiative.
Crypto Firms Inject $78 Million
This week, Coinbase, Circle, and a16z collectively injected $78 million into Fairshake, a federal super PAC capable of receiving unlimited contributions from corporations and individuals for election spending. The funds are intended to support candidates advocating for “pro-crypto leadership” in the lead-up to the upcoming presidential electi
We współpracy z: https://coingape.com/coinbase-and-top-crypto-companies-increase-us-political-donations/
