According to The New York Times, Coinbase, a major U.S. cryptocurrency company, is increasing its presence and influence in Washington. The development comes amid growing scrutiny and discussions surrounding crypto regulation. The report suggests that Coinbase is aiming to play a more active role in shaping the regulatory landscape for the cryptocurrency industry in the United States. This move highlights the increasing importance of regulatory compliance and advocacy for crypto firms as the industry matures and faces greater oversight.

According to The New York Times, Coinbase, a major U.S. cryptocurrency company, is increasing its presence and influence in Washington. The development comes amid growing scrutiny and discussions surrounding crypto regulation. The report suggests that Coinbase is aiming to play a more active role in shaping the regulatory landscape for the cryptocurrency industry in the United States. This move highlights the increasing importance of regulatory compliance and advocacy for crypto firms as the industry matures and faces greater oversight.