Coinbase Donates $25 Million To Fairshake PAC 

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Coinbase donates $25 million to the pro-crypto Fairshake PAC for the upcoming US election. Notably, Ripple and Andreessen Horowitz also donated $25 million each last week. These funds support the Fairshake PAC and its affiliates which actively support pro-crypto positions. The crypto industry’s campaign contributions now total $161 million which aims to influence US regulations. The contribution from Coinbase, Ripple, and Andreessen Horowitz reflects how the industry perceives US regulations being a significant obstacle to broader global acceptance and mainstream adoption of digital assets.