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Topic: Crypto industry steps up political donations(US) (Read 58 times)

legendary
Activity: 1736
Merit: 4270
December 27, 2023, 08:11:42 AM
#1
https://blockjournal.io/news/crypto-industry-steps-up-political-donations-as-mood-in-washington-sours/
"Companies including Coinbase, the Nasdaq-listed exchange, stablecoin operator Circle and a16z, the crypto investing arm of venture capitalists Andreessen Horowitz, are directing more funds towards electing pro-crypto legislators and influencing stalled bills in Congress ahead of the presidential election next year. They have been joined by high-profile venture capital and digital asset investors such as Ron Conway, Fred Wilson and the Winklevoss twins.

This week Coinbase, Circle and a16z were among the companies to put $78mn into Fairshake, a federal super Pac that can take unlimited money from corporations and individuals to spend on elections, to be directed to “pro-crypto leadership”. "

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