CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De shares insights into the state of crypto lobbying in the U.S as Reuters reports crypto firms have spent nearly $20 million on lobbying by the end of the third quarter this year.
$20 million. This most recent quarter, q three spent on lobbying by crypto companies who are the biggest spenders here. Yeah. So this is going to come as no surprise. But Coinbase so far looks to be the uh you know, heaviest spender on lobbying efforts and lobbyists this year, uh biggest crypto change in the US. Uh Also one that's been uh let's say, somewhat engaged with regulators at the Security Exchange Commission. But also, you know, has a whole effort dedicated to trying to get people more involved in uh you know, politics around crypto.