Crypto Lobbyist Group Fairshake Dispensed $29,000,000 in September Alone As November Election Approaches

October 22, 2024 The Daily Hodl

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The crypto lobbyist group Fairshake disbursed nearly $29 million in September ahead of the American presidential election next month. A Federal Election Commission filing indicates Fairshake, a super political action committee (PAC), had dispensed more than $142.3 million year-to-date by the end of September and still had $42.8 million of cash on hand. Fairshake sent […]

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Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

Crypto Lobbyists Spending $800,000 per Day in TV Ads To Unseat Democrat Senator Sherrod Brown: Report

September 17, 2024 The Daily Hodl

Crypto Lobbyists Spending 0,000 per Day in TV Ads To Unseat Democrat Senator Sherrod Brown: Report

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Crypto lobbyists are reportedly shelling out $800,000 per day to unseat Ohio Democratic Senator Sherrod Brown, a vocal critic of the digital asset sector. Rolling Stone reports crypto political groups are planning on spending $32 million between August 22nd and the end of September boosting Brown’s opponent, the Republican businessman Bernie Moreno. Money is flowing […]

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Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

Coinbase leads crypto lobby surge with 3,475% spending jump since 2017

September 5, 2024 Coin Telegraph

Coin Telegraph

Crypto lobby spending in the US has surged 1,386% since 2017, including a huge jump in the last two years.

Crypto lobbying has skyrocketed over the past few years, with a handful of key companies driving advocacy efforts to influence legislators in the United States.

Coinbase, for instance, has increased its lobbying expenditure by 3,475% over the past seven years, according to a Social Capital Markets report on Sept. 5. The crypto exchange’s spend increased from $80,000 in 2017 to $2.86 million in 2023.

Another crypto firm pouring large sums of money into influencing legislators was Ripple Labs. Over the same period, the firm saw a 1,780% increase in lobbying costs, from merely $50,000 to $940,000 in 2023.

Coincheck Makes History as First Japanese Exchange Listed on Nasdaq

‘Mysterious’ Crypto Lobbying Group Sets Up Near Washington D.C. as US Elections Approach: Report

January 10, 2024 The Daily Hodl

Blockchain

A crypto lobbying group with little publicly available information is gearing up to advocate for digital assets ahead of this year’s US presidential election, according to a new report. CNBC reports that a “mysterious” nonprofit called “The Cedar Innovation Foundation” was incorporated in Delaware in April. The group’s website and account on the social media […]

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