Coinbase launches grassroots campaign for pro-crypto policy in the U.S.
Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company.
The company said that the #Crypto435 campaign is intended to “grow the crypto advocacy community and share tools and resources,” so that crypto users can make their voices heard in all 435 congressional districts.
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 provided a link to a signup page asking users to provide a name, address, phone number, and email address to receive further information. It claimed that it will provide people who sign up with “information about how to contact specific politicians in their local districts, what those politician's records on crypto are, tips for making your voices heard in D.C., and more.”
In the thread, Coinbase argued that the crypto community has reached a “pivotal moment” in which political action will now be necessary, stating:
The announcement had mixed reactions from Twitter users. Many applauded the move with statements like “Crypto is what we can all come together and support.” and “Good stuff Coinbase. Very important!” At the same time, some XRP fans alleged that the announcement was hypocritical. They felt that if Coinbase really wanted to fight the powers that be, it would not have delisted XRP after the Securities and Exchange Commission (S.E.C.) labeled it as a security.
It's simple, #relistXRP That's how our voices will be heard.
Aside from a small tax provision enacted in 2021, the U.S. Congress has not
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