Coinbase forms a second PAC to support crypto-friendly candidates

Ireland News News

Coinbase forms a second PAC to support crypto-friendly candidates
Ireland Latest News,Ireland Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

The cavalry arrives. Coinbase registered a new political action committee in a determined move to support pro-crypto lawmakers for the 2022 midterm elections.

“We believe the bi-partisan potential is clear and we intend to support crypto-forward lawmakers who align with our mission to advance economic freedom for all Americans,” said a Coinbase spokesperson, according to Politico.The formation of the PAC comes roughly nine months prior to election day in the United States — Nov. 8 — with control of both the House of Representatives and the Senate essentially up for grabs.

However, crypto is seemingly not the single issue many U.S. voters consider in elections. Morgan Harper is currently running for one of two U.S. Senate seats for Ohio, seeking to replace departing pro-crypto Senator Rob Portman. During his time in office, Portman hasCointelegraph reached out to Coinbase, but did not receive a response at the time of publication.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Arkansas super PAC spends $900K on ads supporting GOP Senate candidate Jake BequetteArkansas super PAC spends $900K on ads supporting GOP Senate candidate Jake BequetteThe super PAC aligned with Arkansas Republican Senate candidate Jake Bequette purchased nearly $900,000 in broadcast and cable ads in the state in support of the former NFL player and U.S. Army veteran's campaign, Fox News has learned.
Read more »

The Pac-12’s unprecedented response to Caleb Williams’ transfer should spark a new era of football messagingThe Pac-12’s unprecedented response to Caleb Williams’ transfer should spark a new era of football messagingNever before has the conference office responded to the arrival of a transfer or recruit the way it did to the Oklahoma quarterback committing to USC.
Read more »

Arkansas super PAC spends $900K on ads supporting GOP Senate candidate Jake BequetteArkansas super PAC spends $900K on ads supporting GOP Senate candidate Jake BequetteThe super PAC aligned with Arkansas Republican Senate candidate Jake Bequette purchased nearly $900,000 in broadcast and cable ads in the state in support of the former NFL player and U.S. Army veteran's campaign, Fox News has learned.
Read more »

Softbank backed startup to offer retail crypto tradingSoftbank backed startup to offer retail crypto tradingThe Softbank-backed stockbroker DriveWealth is aiming to undercut Coinbase’s high fees by offering liquidity for partners that want to allow retail investors to trade crypto on their platforms.
Read more »

US crypto lobbying expenditure doubles in 2021: Here are the biggest spendersUS crypto lobbying expenditure doubles in 2021: Here are the biggest spendersRipple Labs, Robinhood and Coinbase are among the top industry companies in terms of spending on crypto lobbying over the past five years.
Read more »

Polychain and Coinbase alum Sam Rosenblum joins KRH PartnersPolychain and Coinbase alum Sam Rosenblum joins KRH PartnersNewly-launched crypto venture firm KRH Partners has found a new partner in Polychain Capital and Coinbase alum Sam Rosenblum.
Read more »



Render Time: 2025-03-19 12:02:23