Posted 10/19/2023, 5:31:19 AM
Crypto Lobbying in Washington Hits Record High as Industry Seeks Regulatory Clarity
- Crypto industry lobbying Congress to clarify regulation and wants more than just a Bitcoin ETF
- Crypto spending on lobbying hit $6.6 million in Q2 2022, the most ever in a quarter
- Since 2020, crypto industry has spent over $45 million total on lobbying
- Crypto executives hosting high-dollar fundraisers for legislators like Gillibrand and Ramaswamy
- Crypto employee donations to lawmakers top $98 million, led by FTX's Sam Bankman-Fried
