Grayscale CEO Michael Sonnenshein stated:“It is important to the pursuits of GBTC and all spot Bitcoin [exchange-traded product] buyers to entry exchange-listed choices on GBTC and different spot Bitcoin SEC authorised Grayscale’s spot Bitcoin ETF (GBTC) in In contrast…
Lobbying
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Bitcoin NewsNews
US crypto corporations spent extra on lobbying in 2023 than earlier than FTX collapse: Report
by Jeremyby JeremyBased on a 5 Reuters report citing knowledge from authorities transparency group Open Secrets and techniques, crypto corporations spent roughly $19 million on lobbying from January to September 2023, roughly 19% greater than they did over the identical…
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Altcoin NewsNews
Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts
by Jeremyby JeremyIn an 18 analysis observe, Berenberg lead analyst Mark Palmer mentioned the first driver of his “cautious stance” in direction of Coinbase comes from the assorted regulatory actions being levied in opposition to it within the together with…
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Coinbase has launched a foyer group in a retaliatory transfer in opposition to what the US-based cryptocurrency trade has for a very long time described as an unclear regulatory framework for the The group will reportedly form the crypto…
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Bitcoin NewsNews
Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
by Jeremyby JeremyStablecoins have turn into the focus in Washington DC just lately as strain mounts to roll out a regulatory framework for dollar-pegged digital Tether makes use of the legislation workplaces of Michael Jason Lee for its lobbying efforts that…
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Cryptocurrency corporations are more and more investing in lobbying to safe favorable laws, with expenditures skyrocketing 922% prior to now six years, in response to a current research by Cash The report reveals that crypto lobbying contributions reached nearly…
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Altcoin NewsNews
Coinbase spent $3.4M on lobbying in 2022, whereas FTX spent $720k
by Jeremyby JeremyAdvert The alternate’s 2022 lobbying spend marks a 122% enhance from 2021’s million, in line with the Cash Mongers grew its funds for lobbying by 500% and spared $960,000 in 2022 in comparison with $160,000 in
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This quantity seems in a research printed by the Cash Mongers on The rely relies on knowledge from OpenSecrets, a nonpartisan nonprofit, monitoring the lobbying bills (which ought to be publicly accessible by regulation) within the In response to…
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