CryptoLobbying
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🚨 Ripple’s $50M Anti-Bitcoin Lobbying Machine 🚨
🔹 Ripple just launched the National Cryptocurrency Association—claiming to “educate” but actually pushing XRP while attacking Bitcoin.
🔹 This isn’t Ripple’s first anti-Bitcoin campaign, but it’s their biggest yet.
🔹 With $50M in funding, they aim to influence regulators & public perception.
Is this an education initiative or just a massive XRP marketing stunt? 🤔
#Bitcoin #XRP #CryptoLobbying #Ripple $SOL $BTC
🔹 Ripple just launched the National Cryptocurrency Association—claiming to “educate” but actually pushing XRP while attacking Bitcoin.
🔹 This isn’t Ripple’s first anti-Bitcoin campaign, but it’s their biggest yet.
🔹 With $50M in funding, they aim to influence regulators & public perception.
Is this an education initiative or just a massive XRP marketing stunt? 🤔
#Bitcoin #XRP #CryptoLobbying #Ripple $SOL $BTC
Crypto Firms Are Powering Up Their Lobbying Efforts in Washington to Shape Future Policies
In the 2024 election, the cryptocurrency industry went all in on political lobbying, which paid off big time. Here's a look at the key developments:
$133 Million Investment: Three crypto-backed super PACs spent a staggering $133 million to elect pro-crypto politicians.Big Wins: Major political shifts occurred, including Donald Trump flipping from skeptic to Bitcoin advocate.Down-Ballot Success: Crypto candidates won all 48 down-ballot races, showing strong bipartisan support.
Strategic Long-Term Plans:
Crypto firms are gearing up for the 2026 election cycle, with Coinbase already donating $25 million to Fairshake, a PAC supporting crypto-friendly candidates.The industry's commitment to long-term planning is evident, with many players in the space focusing on securing Washington's influence for years to come.
Lobbying Boom:
The newly crypto-friendly Trump administration is pushing companies to hire lobbyists to influence policy.Lobbying is a standard practice in U.S. politics, allowing organizations to advocate for favorable legislation.
Key Players Looking for Talent:
Riot Platforms and Uniswap are companies seeking public policy experts who can leverage connections to Washington lawmakers.Solana Foundation, Kraken, and other industry giants are recruiting to maintain a competitive edge.
Trump's Impact on Policy:
Trump's support for Bitcoin has spurred new working groups and initiatives to shape digital asset policies.Crypto firms also influence stablecoin regulation, which is expected to be a major focus in future legislative efforts.
The Future of Crypto Lobbying:
As the GOP fully embraces cryptocurrency, Silicon Valley crypto advocates are optimistic about their growing political influence.
With crypto now a mainstream political issue, it's clear the industry is prepared to continue its push for policy change.
Hashtags: #CryptoLobbying #BlockchainPolitics #CryptoRegulation
🛑 Disclaimer: This article is for informational purposes only and does not constitute financial advice.
$133 Million Investment: Three crypto-backed super PACs spent a staggering $133 million to elect pro-crypto politicians.Big Wins: Major political shifts occurred, including Donald Trump flipping from skeptic to Bitcoin advocate.Down-Ballot Success: Crypto candidates won all 48 down-ballot races, showing strong bipartisan support.
Strategic Long-Term Plans:
Crypto firms are gearing up for the 2026 election cycle, with Coinbase already donating $25 million to Fairshake, a PAC supporting crypto-friendly candidates.The industry's commitment to long-term planning is evident, with many players in the space focusing on securing Washington's influence for years to come.
Lobbying Boom:
The newly crypto-friendly Trump administration is pushing companies to hire lobbyists to influence policy.Lobbying is a standard practice in U.S. politics, allowing organizations to advocate for favorable legislation.
Key Players Looking for Talent:
Riot Platforms and Uniswap are companies seeking public policy experts who can leverage connections to Washington lawmakers.Solana Foundation, Kraken, and other industry giants are recruiting to maintain a competitive edge.
Trump's Impact on Policy:
Trump's support for Bitcoin has spurred new working groups and initiatives to shape digital asset policies.Crypto firms also influence stablecoin regulation, which is expected to be a major focus in future legislative efforts.
The Future of Crypto Lobbying:
As the GOP fully embraces cryptocurrency, Silicon Valley crypto advocates are optimistic about their growing political influence.
With crypto now a mainstream political issue, it's clear the industry is prepared to continue its push for policy change.
Hashtags: #CryptoLobbying #BlockchainPolitics #CryptoRegulation
🛑 Disclaimer: This article is for informational purposes only and does not constitute financial advice.
The cryptocurrency industry significantly increased its political engagement during the recent election cycle, contributing over $131 million to congressional races and supporting pro-crypto candidates across party lines. This investment aimed to influence the regulatory environment in favor of digital assets.
A key objective for the industry is to ensure that President-elect Donald Trump appoints a Securities and Exchange Commission (SEC) chairperson who is favorable to cryptocurrencies, replacing the current chair, Gary Gensler, known for his stringent enforcement actions against crypto firms. Potential candidates include former SEC commissioners Dan Gallagher and Paul Atkins, both viewed as more sympathetic to the industry's interests.
Additionally, the industry is advocating for legislative changes to establish a clearer regulatory framework, which they argue is essential for integrating cryptocurrencies into the mainstream U.S. financial system. This includes proposals to shift oversight from the SEC to the Commodity Futures Trading Commission (CFTC), perceived as a more crypto-friendly regulator.
The election results have been favorable for the crypto sector, with 274 pro-crypto candidates elected to the House and 20 to the Senate. This bipartisan support reflects a significant rebound for the industry, especially considering the setbacks following the collapse of the FTX exchange two years prior.
President-elect Trump's evolving stance on cryptocurrencies, transitioning from skepticism to active support, further bolsters the industry's prospects. His campaign promises included making the U.S. the "crypto capital of the planet" and creating a national cryptocurrency reserve.
$BTC
#CryptoPolitics
#ProCryptoLawmakers
#Coinbase
#CryptoLobbying
#TrumpCrypto
A key objective for the industry is to ensure that President-elect Donald Trump appoints a Securities and Exchange Commission (SEC) chairperson who is favorable to cryptocurrencies, replacing the current chair, Gary Gensler, known for his stringent enforcement actions against crypto firms. Potential candidates include former SEC commissioners Dan Gallagher and Paul Atkins, both viewed as more sympathetic to the industry's interests.
Additionally, the industry is advocating for legislative changes to establish a clearer regulatory framework, which they argue is essential for integrating cryptocurrencies into the mainstream U.S. financial system. This includes proposals to shift oversight from the SEC to the Commodity Futures Trading Commission (CFTC), perceived as a more crypto-friendly regulator.
The election results have been favorable for the crypto sector, with 274 pro-crypto candidates elected to the House and 20 to the Senate. This bipartisan support reflects a significant rebound for the industry, especially considering the setbacks following the collapse of the FTX exchange two years prior.
President-elect Trump's evolving stance on cryptocurrencies, transitioning from skepticism to active support, further bolsters the industry's prospects. His campaign promises included making the U.S. the "crypto capital of the planet" and creating a national cryptocurrency reserve.
$BTC
#CryptoPolitics
#ProCryptoLawmakers
#Coinbase
#CryptoLobbying
#TrumpCrypto
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