
An uneasy feeling about the current volume of crypto political spending is understandable. If you believe in the mission, it’s the price of survival.
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The crypto lobby has made its mark on the US presidential elections.
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According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts.
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Executives from the U.S. Bitcoin mining industry pitched the presidential candidate on how they could strengthen the electrical grid and create new jobs.
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Ben Horowitz, one of the firm’s founders, has pledged to support any politician that helps push crypto and AI technology forward.
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Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins.
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FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators Joe Manchin and Tina Smith, have already pledged the funds […]
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While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific treatments, such as the use of ivermectin and hydroxychloroquine. Controversy Surrounds Former CEO of FTX […]
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Battle lines are being drawn over crypto in Congress but industry executives remain optimistic.
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The FTX founder said he’d spend “north of $100 million” with a “soft ceiling” of $1 billion and added “who knows what’s going to happen between now and then.”
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