The exchange registered its first PAC in July 2018 but closed it the following year after reporting it had received no funds or made any disbursements.
Crypto exchange Coinbase has filed for a political action committee reportedly to support “crypto-forward lawmakers” ahead of the 2022 midterm elections in the United States.According to a Feb. 7 filing with the Federal Election Commission, Coinbase’s chief financial officer Alesia Haas and head of U.S. policy Kara Calvert registered the Coinbase Innovation PAC. The lobbyist/registrant political action committee will likely be required to make disclosures of funds to designated representatives in Congress.Political action committees, or PACs, are organizations often aimed at raising funds to elect candidates supporting similar causes, implying Coinbase is looking to get behind crypto-friendly candidates ahead of federal and state elections in November. The exchange register
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