The largest cryptocurrency exchange in the USA coinbasepublished a new report while continuing its work for the US Presidential elections that will take place in November 2024.
Accordingly, Coinbase cryptocurrency announced that the industry has donated $78 million to support political leaders who support innovation.
Noting that only 9% of US citizens are satisfied with the current system, Coinbase said the crypto industry is starting to support the 52 million Americans who own a digital asset. He said he raised over $78 million in donations.
“The future of cryptocurrencies in the US depends on the election of candidates and the enactment of policies that support responsible, fair rules for crypto.
The current approach withholds regulatory clarity and drives jobs, economic activity, and innovation overseas to the detriment of ordinary Americans. “
Coinbase is among those who donated Andreessen Horowitz, Brian Armstrong, Circle, Coinbase, Cumberland, Kraken, Messari, Paradigm, Ripple and Gemini founders Cameron and Tyler WinklevossHe said that .
Coinbase added that the leading figures of the cryptocurrency industry who donated will fully support the crypto industry, which is facing pressure from regulators in the USA.
52 million Americans own digital assets.
It’s time they all got a fair shake.The crypto industry has donated $78 million – and counting – from 20 leading companies and voices to support bipartisan, crypto-forward candidates in 2024.
More here. 🛡️https://t.co/md5C08dBbT pic.twitter.com/BXPO2H7d4l
— Coinbase 🛡️📞 (@coinbase) December 18, 2023
*This is not investment advice.
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