According to DL News citing data from OpenSecrets, a platform that tracks political donations, Binance spent over $1 million on lobbying in the first six months of 2023, which is almost equivalent to its spending for the entire year of 2022. During the same period, Coinbase spent $1.4 million, and paid $3.4 million to lobbyists in 2022.
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In the First Half of 2023, Binance’s Lobbying Expenditure Will Exceed One Million US Dollars, Which Is Almost Equivalent to the Lobbying Expenditure of the Whole of Last Year
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Pennsylvania Passes "Bitcoin Rights" Bill and Considers Strategic Bitcoin Reserve Amid Criticism and Potential Economic Benefits
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It is reported that Trump may meet with Ripple CEO and other crypto industry representatives to discuss the formulation of US crypto policy
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Cardano founder confirms he will work with Trump administration on crypto legislation
Cardano founder Charles Hoskinson has confirmed plans to collaborate with the US government under the leadership of President Trump to help formulate cryptocurrency legislation. The goal is to create a clear regulatory framework for the cryptocurrency industry, which has faced uncertainty and regulatory challenges for years. Hoskinson announced these plans in a recent speech and stated that developing positive policies regarding cryptocurrency requires support from both the Democratic and Republican parties. He stated that his company, Input Output Global (IOG), will establish a separate policy department for cryptocurrency regulation. This office will focus on developing a legislative framework that incorporates the provisions of the 21st Century Financial Innovation and Technology Act (FIT21) and the Responsible Financial Innovation Act (RFIA). He added, "I will work with legislators and the government to push for a bipartisan bill to be passed." -
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