
Coinbase has joined Andreessen Horowitz and Ripple in donating $25 million to the crypto-focused super PAC ahead of the United States elections.
Crypto exchange Coinbase says it donated $25 million to crypto-focused super political action committee (PAC) Fairshake as it ramps up lobbying ahead of the November United States elections.
In a June 3 blog post, Coinbase CEO Brian Armstrong said the latest donation brings the total amount raised by the PAC and its affiliates to $160 million this election cycle. The amount matches donations last week from Ripple and venture firm Andreessen Horowitz.
“Crypto voters won’t be taken seriously until we send a clear message to political candidates that it is bad politics to be anti-crypto,” Armstrong wrote. “We need to support pro-crypto candidates on both sides of the aisle, and unceremoniously vote anti-crypto candidates out of office.”
Payments platform Ripple is once again donating millions of dollars to a crypto super PAC as the 2024 US election approaches. According to a new press release, Ripple is doubling up its $25 million contribution to Fairshake, a federal super PAC dedicated to supporting pro-crypto candidates during the election. “This investment is in addition to […]
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The largest US-based crypto exchange by trading volume says a crypto-funded and focused Super PAC (political action committee) is raising millions to support crypto-friendly politicians. According to a new company blog post, Coinbase says that the crypto industry has raised $78 million in the fourth quarter of this year to support “pro-innovation” candidates in the upcoming […]
The post Coinbase Says Crypto Industry Super PAC Has Raised Over $78,000,000 To Help Elect Friendly Candidates in the US appeared first on The Daily Hodl.