Lobbying
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The lobbying expenditure of the encryption industry in 2022 reached US $21.55 million, a record
On February 19, it was reported that cryptocurrency company’s travel expenses in Washington in 2022 reached 21.55 million US dollars, setting a record, of which Coinbase ranked the first. According to the data of OpenSecrets, a research institute focused on tracking political contributions, the lobbying expenditure of encryption companies in 2022 exceeded twice that of 2021 ($8.29 million). Interpretation of this information: The reported increase in travel expenses of cryptocurrency companies in Washington in 2022 has raised eyebrows and set a record. Coinbase tops the list of companies that spent…
