According to a report in The New York Times, Coinbase, described as the biggest U.S. crypto company, is increasing its presence and influence in Washington. The development comes as debates intensify around crypto regulation in the United States. The report suggests Coinbase is asserting its power in Washington amid ongoing discussions about the future of digital assets and the regulatory landscape governing the industry. The company's increased activity in the political sphere reflects the growing importance of regulatory clarity for the crypto sector.

According to a report in The New York Times, Coinbase, described as the biggest U.S. crypto company, is increasing its presence and influence in Washington. The development comes as debates intensify around crypto regulation in the United States. The report suggests Coinbase is asserting its power in Washington amid ongoing discussions about the future of digital assets and the regulatory landscape governing the industry. The company's increased activity in the political sphere reflects the growing importance of regulatory clarity for the crypto sector.