COIN rallies by 10% as Coinbase launches crypto advocacy campaign in United States
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Loading... - Angelina Hanser
- 01 Mar 2023
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Despite being around for almost 15 years, the crypto market is still considered to be in its infancy, given the lack of clarity around its regulation. This has also led to many believing the regulatory authorities' decisions to be rather uninformed or misconceived. As a result, the second largest cryptocurrency exchange, Coinbase, has taken the onus to change that going forward.
Coinbase to give crypto a voice
Coinbase on Tuesday launched a cryptocurrency advocacy campaign that it states will be aimed at advancing pro-crypto policy. Targeting all 435 Congressional Districts across the United States, the campaign is said to be powered by the community itself. In order to reach the regulators and legislators,
Coinbase stated that it would empower the community with information regarding contacting specific politicians. The company also stated that it would be providing information regarding the politicians’ stand on crypto.
According to the crypto community, the rampant regulation and lack of clarity affect companies, jobs and the future of development of the crypto industry. Coinbase's grassroots campaign plans on addressing those issues and also influencing laws and policies, as well as educating Americans about crypto and promoting innovation and protecting jobs. Read More..
