According to reports, Coinbase, a major U.S. cryptocurrency company, is increasing its presence and influence in Washington. The development comes amid ongoing discussions and efforts to regulate the cryptocurrency industry in the United States. As one of the largest crypto companies in the U.S., Coinbase's actions in the political sphere are noteworthy as the industry faces increasing regulatory scrutiny. The company seems to be positioning itself to shape the regulatory landscape as discussions continue.

According to reports, Coinbase, a major U.S. cryptocurrency company, is increasing its presence and influence in Washington. The development comes amid ongoing discussions and efforts to regulate the cryptocurrency industry in the United States. As one of the largest crypto companies in the U.S., Coinbase's actions in the political sphere are noteworthy as the industry faces increasing regulatory scrutiny. The company seems to be positioning itself to shape the regulatory landscape as discussions continue.