members. The association boasts industry-leading names among its members, including Ripple, USDC issuer Circle, Solana, and even crypto exchanges like Kraken and crypto.com., which was a founding member of the Blockchain Association, left shortly after rival Binance joined in August 2020. Coinbase has been spending aggressively on lobbying, with the total expenditure for thisBinance
was a member of the Blockchain Association but left in April this year to pursue independent lobbying efforts and soon established its own Government Affairs Team in Washington D.C. CEO Changpeng Zhao took to Twitter to point out that his company’s lobbying expenditure was dwarfed by that of major rival Coinbase.Read the best crypto stories of the day in less than 5 minutes