The post Coinbase to donate $25m to PAC Fairshake to support pro-crypto candidates in 2026 midterms appeared on BitcoinEthereumNews.com.

Coinbase is also supporting Stand With Crypto to increase its numbers to four million advocates In a shareholder letter, Coinbase said it “prepared to work with either administration” regardless of who becomes the next POTUS Coinbase is donating an extra $25 million to crypto super political action committee (PAC) Fairshake to support pro-crypto candidates during the 2026 Midterm elections. In a blog post, the crypto exchange said it would be “helping Fairshake and its affiliates remain a force in the next election cycle by committing another $25 million to their efforts.” Coinbase will also be supporting Stand With Crypto to reach four million advocates ahead of the Midterms. According to Coinbase, “the stakes are too high” for them to sit on the sidelines, adding: “If we can disrupt the destructive efforts of anti-crypto politicians in DC during the tumult of a presidential election, imagine the strides we can make ahead of the Midterm elections.” In a post on X, Brian Armstrong, CEO of Coinbase, said that following the US election results, the administration will be “the most pro-crypto congress ever,” and that they’re “not slowing down,” adding: “The crypto voter is already a force to be reckoned with, but it will continue to grow. We’re going to keep showing up to protect our customer’s rights and help get sensible legislation passed in major markets around the world.” We get the U.S. election results in 6 days, and no matter how you slice it, it will be the most pro-crypto congress ever. But we’re not slowing down post-election. Today I’m announcing that @coinbase has committed another $25M to support Fairshake PAC, which they will use… — Brian Armstrong (@brian_armstrong) October 30, 2024 In Coinbase’s shareholder letter for the third quarter of 2024, the organization said it was “prepared to work with…

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Filed under: News - @ October 31, 2024 2:25 pm