Coinbase’s #Crypto435 campaign promotes US pro-crypto policies.

Major Insights-

• Coinbase has launched a political campaign to promote pro-crypto policies in the United States.
• The #Crypto435 campaign seeks to expand the crypto advocacy network and represent the views of cryptocurrency users in all 435 congressional districts.
• Coinbase aims to educate Americans about the potential of cryptocurrencies and unite people to advocate for mindful policies.

Coinbase has launched a political campaign in the United States to promote pro-crypto policies. The aim of the campaign is to address the industry’s uncertain state due to a lack of proper regulation and an increase in regulators cracking down on crypto firms.

1/ It’s time to advance pro-crypto policy in all 435 Congressional Districts across the U.S.

Introducing #Crypto435, our campaign to grow the crypto advocacy community and share tools and resources to make your voice heard.

Become an advocate today 👇 https://t.co/TPJhtoP9eC

— Coinbase (@coinbase) February 28, 2023

The cryptocurrency exchange posted an online petition link and announced the campaign on Twitter, intending to influence lawmakers and regulators who will determine how individuals and businesses can buy, sell, and trade digital assets. Coinbase will provide local politicians and the community with resources and recommendations on crypto policy, as well as advice on how to make their voices heard.

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Coinbase’s CEO, Armstrong, shared the results of a Morning Research poll, indicating that 76% of cryptocurrency investors believe that blockchain technology and cryptocurrencies will shape the future of finance, and 80% of Americans believe that the wealthy are unfairly favored by the global banking system. Armstrong believes that it’s time to update the financial system.