Coinbase forms a second PAC to support crypto-friendly candidates
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....
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Faryar Shirzad said staying engaged and informed was critical, given candidates who win in the 2022 U.S. midterms “will be making key decisions" around crypto regulation. Coinbase, a crypto exchange whose CEO previously said it doesn’t “advocate for any particular causes or candidates internally that are unrelated to our mission,” has launched a voter registration portal as part of a crypto policy education initiative.In a Thursday blog post, Coinbase chief policy officer Faryar Shirzad said the crypto exchange will offer users the opportunity to register to vote in the United States....
Curtis Sliwa, a candidate for New York City (NYC) mayor, said that he will make his city “the most cryptocurrency-friendly city” in the U.S. if he is elected. He joins a growing list of mayors and mayoral candidates in growing cryptocurrency adoption.
Mayoral Candidate Plans to Turn NYC Into the Most Crypto-Friendly City
NYC mayoral candidate Curtis Sliwa has shared his vision to make New York City the most cryptocurrency-friendly place in the U.S. Sliwa, a radio talk show host, is the founder and chief executive officer of the Guardian Angels, a nonprofit....
The trade group includes many of the industry’s biggest names among its members; director Kristin Smith calls them “a great group to help steer the success of this enterprise.” United States-based trade group Blockchain Association announced Monday that it had formed a political action committee, to be called BA PAC, thus joining an industry trend to attempt to exert greater influence on candidates as they approach the midterm elections in November.The Blockchain Association, founded in 2019, has 90 members, according to its website, which include many of the leading names in the industry.....
A new bill obliging candidates running for election in Russia to declare their spending on digital assets has hit the floor of the State Duma. According to the draft, Russian politicians will be required to disclose details about every crypto purchase they and their families make, if the total exceeds a certain amount. Candidates to Provide Details About Their Cryptocurrency Dealings The Russian State Duma, the lower house of parliament, has adopted on first reading a draft law that will incorporate the disclosure of cryptocurrency purchases into Russia’s electoral legislation.....
Verified Coinbase app users will be able to see where members of congress stand on crypto policies. On Sept 14, Coinbase Co-Founder and CEO Brian Armstrong announced the company’s plans to begin integrating crypto policy efforts into its app. According to him, this will help the company’s 103 million verified users know where their local political leaders and representatives stand when it comes to cryptocurrency. 1/ Starting today, Coinbase will begin integrating our crypto policy efforts right into our app. These will help our 103M verified users get educated on the crypto positions held....