Coinbase Challenges US Regulators With Launch of New Nationwide Crypto Advocacy Campaign
Top US crypto exchange Coinbase is launching a nationwide campaign to advocate for favorable digital asset regulations.
Coinbase tells its 5.6 million Twitter followers that Crypto435 is a new initiative to build up a strong crypto advocacy community to engage with US regulators.
“It’s time to advance pro-crypto policy in all 435 Congressional Districts across the US. Introducing Crypto435, our campaign to grow the crypto advocacy community and share tools and resources to make your voice heard. Become an advocate today.”
Per the announcement, people can sign up to receive updates about possible federal regulations and learn how to mobilize to influence the outcome of crypto policy debates, including by contacting specific politicians.
“If you love crypto and believe in the potential of web3, it’s more important than ever to advocate for pro-crypto policy in the U.S. Policymakers in Washington DC and state capitals across the US are making decisions about the future of crypto. Their choices will determine how, when, and where YOU can build, buy, sell, and use crypto. We need to make sure they get it right, and that means making your voice heard.
We’re excited to introduce Crypto435, a grassroots campaign to advocate for pro-crypto policy. Now is the time to change hearts and minds in all 435 Congressional Districts across the US. Now you can sign up to receive important updates and calls to action about crypto policy.”
Coinbase’s new initiative comes as several regulatory battles evolve in the US, including an enforcement action against Binance’s BUSD stablecoin, the issues surrounding Grayscale’s GBTC, and U.S Securities and Exchange (SEC) Chair Gary Gensler asserting that everything other than Bitcoin is an unregistered security.
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Featured Image: Shutterstock/solarseven
