In 2023, U.S. cryptocurrency companies reportedly allocated $20.19 million for lobbying efforts, as per a CoinGecko report. Over the five-year period from 2019 to the present, a total of $56.44 million was spent on lobbying by 66 companies and 12 organizations. Among them, Coinbase has been the leading contributor, spending $7.51 million to date. 💼💰 #CryptoLobbying #CoinbaseInfluence

🏛️ Cryptocurrency companies increased their lobbying spending to $18.96 million during the first three quarters of this year, according to data from non-profit research group OpenSecrets, as reported by Reuters. This represents a rise from the $16.1 million spent during the same period last year. Leading the pack, U.S. cryptocurrency exchange Coinbase was the top spender with $2.16 million in lobbying expenditures, followed by Forris DAX (operator of Crypto.com), the Blockchain Association, and Binance Holdings. 💼🌐 #CryptoLobbying #Coinbase #CryptoIndustry 🚀💰

🏛️ Cryptocurrency companies' lobbying efforts in the first three quarters of this year amounted to $18.96 million, as reported by Reuters, citing data from non-profit research group OpenSecrets. This marks an increase from the $16.1 million spent in the same period last year. Among the top spenders, U.S. cryptocurrency exchange Coinbase led with $2.16 million in lobbying expenses, followed by Forris DAX (Crypto.com operator), Blockchain Association, and Binance Holdings. 💼🌐 #CryptoLobbying #Coinbase #CryptoCompanies 🚀💰

💼 Lobbying for cryptocurrencies, notably stablecoins, surges in the US with Coinbase spending $2M, Tether doubling its lobbying funds to $760,000, and Circle allocating $300,000. 161 reports on stablecoin legislation or oversight mark a 79% increase compared to last year's first quarter. #CryptoLobbying 🇺🇸💰

💥 Crypto lobbying spending in the #US is set to blow past the 2022 record!

With over a month left in 2023, the industry has already spent $20M, closing in on last year's total of $22.2M

#cryptonews #CryptoLobbying #CryptoIndustry #News