U.S. cryptocurrency lobbying spending expected to hit record high this year
According to Reuters, as of the end of the third quarter, cryptocurrency companies spent nearly $19 million on lobbying, compared to $16 million in the same period last year. Cryptocurrency exchange Coinbase spent $2.16 million, followed by Foris DAX, the Blockchain Association, and Binance Holdings.
Kristin Smith, CEO of the Blockchain Association, said, "Our goal is to directly engage with policymakers, build relationships, bridge the education gap, and establish a common-sense regulatory framework."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sky Mavis lays off 21% of workforce, plans new Axie Infinity game
BTC falls below $96,000
Over 55 million USD was liquidated in the past hour, mainly due to long orders
ETH falls below $3,400