Crypto Industry Super PAC Raises $78 Million to Support Pro-Innovation Candidates in 2024 US Election, Says Coinbase

Coinbase, the largest US-based crypto exchange, has announced that a Super PAC focused on crypto has raised over $78 million in Q4 of this year to support pro-innovation candidates in the upcoming 2024 US election. The company believes that the current US crypto regulatory standards are sub-par and are driving innovation and financial freedom offshore. Coinbase encourages its users to be active in the political process and to voice their opinions to their representatives in various ways, including voting in next year's election.