Coinbase crypto lobbying campaign to focus on four swing states

Crypto alternate Coinbase says it can focus its “Stand with Crypto” marketing campaign on 9 states within the U.S., together with 4 “swing states” the place voters had been polled as much less probably to decide on anti-crypto presidential candidates.

The 4 “swing states” embrace New Hampshire, Nevada, Ohio, and Pennsylvania, it said in a Sept. 19 weblog.

“Polling within the fall of 2022 confirmed that in the important thing states of NH, NV, OH, and PA, over half (55%) of voters said that they might be much less more likely to vote for candidates who oppose crypto and Web3,” mentioned Coinbase, citing survey data collected in a Morning Seek the advice of ballot a 12 months prior.

52M People personal crypto. They’re youthful & extra various than the US inhabitants in whole. However their voices aren’t being heard by Congress.

That’s about to vary.

Right here’s what we’re doing—and what you are able to do to assist mobilize 1M individuals to #StandWithCrypto: https://t.co/stmH0WVUhO

— Coinbase ️ (@coinbase) September 19, 2023

The October-published ballot included 800 probably voters throughout the 4 states. Between 13-19% of respondents within the 4 states claimed to personal cryptocurrency on the time of the polling.

Coinbase additionally cited that in Nevada, Ohio and Pennsylvania particularly, greater than 40% of crypto homeowners use blockchain to remit cash abroad to assist members of the family pay for meals, housing and well being care for much lower than what banks usually cost with worldwide wire transfers.

Coinbase makes an attempt to mobilize crypto customers

The crypto alternate’s “Stand With Crypto” marketing campaign is a 14-month-long marketing campaign launched in August, pushing for crypto laws within the nation.

Coinbase mentioned the marketing campaign will deal with the 4 “swing states” in addition to Arizona, California, Georgia, Illinois, and Wisconsin, which have an “over-index” on the subject of crypto homeowners.

“Whereas a rising variety of elected officers in Congress are advocating for laws to control crypto and drive progress within the monetary system, others are merely selecting to guard the established order.

Coinbase can be set to arrange a “Stand with Crypto Day” will happen in Washington D.C. on Sept. 27 to advocate for better cryptocurrency innovation and policy.

Associated: Coinbase CEO says leaving US ‘not even in the realm of possibility right now’ — Report

The marketing campaign may also name on crypto homeowners and supporters to name their members of Congress and ask them to cross clear, wise laws.

“At present we kick off this effort by rallying the collective vitality of the neighborhood, and taking the battle off X (previously often known as Twitter) and on to the telephones.”

“The marketing campaign will encourage crypto homeowners and supporters to take one minute of their day to name their member of Congress and ask them to cross clear, wise laws,” it added.

Journal: Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler’s Digest, June 4-10