According to a report by The New York Times, Coinbase, described as the biggest U.S. crypto company, is asserting its influence in Washington. The development occurs as the regulatory landscape for cryptocurrency firms becomes increasingly important. The report suggests Coinbase is working to shape policy and engage with lawmakers as discussions around digital assets intensify. The company's increased activity in Washington reflects the growing intersection of the cryptocurrency industry and government regulation.

According to a report by The New York Times, Coinbase, described as the biggest U.S. crypto company, is asserting its influence in Washington. The development occurs as the regulatory landscape for cryptocurrency firms becomes increasingly important. The report suggests Coinbase is working to shape policy and engage with lawmakers as discussions around digital assets intensify. The company's increased activity in Washington reflects the growing intersection of the cryptocurrency industry and government regulation.