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

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