According to a report in The New York Times, Coinbase, described as the biggest U.S. crypto company, is increasing its presence and influence in Washington. The development comes amid ongoing scrutiny of the crypto industry and increasing regulatory pressures. The report suggests Coinbase is aiming to play a more active role in shaping crypto policy and engaging with lawmakers and regulators. The move highlights the growing importance of regulatory compliance and government relations for major crypto firms operating in the United States.

According to a report in The New York Times, Coinbase, described as the biggest U.S. crypto company, is increasing its presence and influence in Washington. The development comes amid ongoing scrutiny of the crypto industry and increasing regulatory pressures. The report suggests Coinbase is aiming to play a more active role in shaping crypto policy and engaging with lawmakers and regulators. The move highlights the growing importance of regulatory compliance and government relations for major crypto firms operating in the United States.