News with the tag "Crypto Lobbying"

Summer Mersinger , one of the Republican commissioners at the Commodity Futures Trading Commission, will soon take over the Blockchain Association as its incoming chief executive, a top official at the association confirmed on Wednesday. The organization, one of the leading crypto lobbying voices in...

Nearly every big name in the crypto industry has signed onto a letter calling for Congress to eliminate a U.S. tax policy they say could jeopardize decentralized finance (DeFi) technology by shoehorning much of that space into the field of brokers subject to data collecting and reporting. The Intern...

U.S. Securities and Exchange Commission member Caroline Crenshaw is "even more extreme" than Chair Gary Gensler, according to a digital advertising campaign now being launched by Cedar Innovation Foundation — a dark-money group funded by unnamed crypto interests. Commissioner Crenshaw, who is set to...

The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto crackdown” on law-abiding citizens. Republican Party Integrates Cryptocurrency Into 2024 P...

America, land of the free, home of the brave, and now, a playground for crypto lobbyists who seem to have taken the term “influencing policy” to an entirely new level, kickstarting a sort of political war that could very well dictate the future of finance in the United States. Think I’m being dramat...

The corridors of power in Washington D.C. are currently echoing with the sound of a burgeoning industry’s footsteps. Crypto, once a fringe element of the financial world, has donned its political cap, stepping into the ring with a fervor that’s caught many by surprise. The Blockchain Association’s l...

As U.S. elections gear up, crypto businesses funnel funds into a political action committee, backing crypto-friendly candidates. Crypto exchange Coinbase, venture firms Andreessen Horowitz (a16z) and Electric Capital, as well as fintech company Ripple, have collectively contributed tens of millions…

Source: AdobeStock The cryptocurrency industry has spent a staggering $18.96 million in federal lobbying in the first three quarters of 2023. The figure surpasses the $16.1 million spent during the same period in 2022, Reuters reported, citing data from nonprofit research group OpenSecrets. The reco...

The cryptocurrency industry faced something of a public image crisis due to the tumultuous events of 2022, ranging from the … Continued The post U.S. crypto lobby poised to set new spending record in 2023 appeared first on Finbold .

56 companies have spent an estimated $20 million on crypto lobbying in the U.S., with America’s biggest digital asset exchange Coinbase leading the pack during 2023.