🇺🇸WILL CRYPTO BE A KEY ISSUE IN THE ELECTIONS?

MarioNawfal@RTBIO · 2024-06-16T10:48:11.000Z

Image [https://deweb-519a7.b-cdn.net/post-images/3c37d93a-d565-45c0-863f-ee3e70afb930.jpeg] Fairshake, the crypto industry’s political action committee, and allied groups have nearly doubled their funding in the past few weeks. They received around $75 million from Ripple Labs, venture capital firm Andreessen Horowitz, and Coinbase Global Inc. With a war chest of $160 million they aim to support U.S candidates who favor light-touch regulation of the industry. Coinbase’s Chief Policy Officer: “We’ve learned as an industry that you have to show up politically to be heard. We’re very, very committed to see that though. We’re very committed to this cycle and beyond. ” Image [https://deweb-519a7.b-cdn.net/post-images/3ecc93f9-30d0-451e-9270-76ef81c428d7.png] After Trump came out as strongly pro-crypto and Biden was under pressure to embrace the industry or risk losing vital voters, could this election be a turning point for crypto in the U.S? Source: Bloomberg Mario Nawfal (@MarioNawfal) on X [https://pbs.twimg.com/media/GQMGA4lXIAAr9r2.jpg:large] Mario Nawfal (@MarioNawfal) on X 🇺🇸WILL CRYPTO BE A KEY ISSUE IN THE U.S ELECTIONS? Fairshake, the crypto industry’s political action committee, and allied groups have nearly doubled their funding in the past few weeks. They received around $75 million from Ripple Labs, venture capital firm Andreessen [https://x.com/MarioNawfal/status/1802290909167423516]

RoundtableCrypto

MarioNawfal

Jun 16, 2024

Fairshake, the crypto industry’s political action committee, and allied groups have nearly doubled their funding in the past few weeks.

They received around $75 million from Ripple Labs, venture capital firm Andreessen Horowitz, and Coinbase Global Inc.

With a war chest of $160 million they aim to support U.S candidates who favor light-touch regulation of the industry.

Coinbase’s Chief Policy Officer:

“We’ve learned as an industry that you have to show up politically to be heard.

We’re very, very committed to see that though. We’re very committed to this cycle and beyond. ”

After Trump came out as strongly pro-crypto and Biden was under pressure to embrace the industry or risk losing vital voters, could this election be a turning point for crypto in the U.S?

Source: Bloomberg

🇺🇸WILL CRYPTO BE A KEY ISSUE IN THE U.S ELECTIONS?

Fairshake, the crypto industry’s political action committee, and allied groups have nearly doubled their funding in the past few weeks.

They received around $75 million from Ripple Labs, venture capital firm Andreessen

x.comMario Nawfal (@MarioNawfal) on X🇺🇸WILL CRYPTO BE A KEY ISSUE IN THE U.S ELECTIONS? Fairshake, the crypto industry’s political action committee, and allied groups have nearly doubled their funding in the past few weeks. They received around $75 million from Ripple Labs, venture capital firm Andreessen

PolicyAndRegulation