Grayscale Donating up to $2M to Crypto Advocacy Group Coin Center
A web page has been set up for the donation matching campaign that runs through February.
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The D.C.-based advocacy group just raised millions for its ongoing research and lobbying efforts. Here’s how the numbers broke down. 2021 is shaping up to be a generous year for cryptocurrency donations. On Wednesday, Coin Center, the leading cryptocurrency nonprofit in Washington, D.C., announced that it had raised millions in additional funding from high-profile names in the crypto industry. Jerry Brito, Coin Center’s executive director, tweeted that his organization had received enough donations to claim the $1 million in matched contributions from Grayscale Investments, the world’s....
Grayscale hopes to build off the success of Kraken’s donate-and-match program from 2018. Grayscale Investments, the world’s largest digital-asset manager, has pledged $1 million to Coin Center, Washington, D.C.’s most influential cryptocurrency advocacy group — a move it believes will help broaden “foundational knowledge” of the industry.The million-dollar donation was announced Monday in a press release, which also revealed Grayscale’s plan to match contributions to Coin Center through the end of February. Over that period, Grayscale plans to match donations dollar-for-dollar up to an....
The crypto exchange cited Coin Center’s work in challenging the proposed FinCEN self-hosted wallet rule as well as the STABLE Act from the U.S. government. Kraken has pledged $100,000 to Coin Center, a cryptocurrency advocacy group based in Washington D.C.In a blog from the crypto exchange today, Kraken said it had donated the funds to promote Coin Center’s work in educating regulators about digital assets an advancing the rights of crypto users. The exchange said that the advocacy group "has been a vanguard for challenging policies such as the proposed STABLE act as well as recent rushed....
Cryptocurrency advocacy group, Coin Center has started educating the US Congress about Bitcoin and blockchain technology. A large-scale implementation of any new technology is only effective when there is active collaboration between the private and public sectors. The same holds good for cryptocurrency technology. The cryptocurrency community is still a niche segment. A majority of the world’s population, including politicians and bureaucrats, is still in the dark about how the entire Bitcoin network works. Coin Center, a non-profit cryptocurrency research and advocacy group based out of....
In its latest comment, the advocacy group goes after the proposed requirement to create currency transaction reports for crypto transactions. After the U.S. Treasury Department extended the comment period for anyone to express their thoughts on a proposed crypto rule, non-profit crypto policy advocate group Coin Center has made another — and possibly final — argument to regulators.Coin Center directed its comment to the Financial Crimes Enforcement Network, or FinCEN, over proposed rules that would require registered crypto exchanges in the U.S. to verify the identity of people using "an....