Stand With Crypto, backed by Coinbase Global, is stepping up its political push as lawmakers debate rules for the crypto industry. Lawmakers are still struggling to pass a bill to set rules for the crypto industry—a longstanding goal of digital assets firms like Coinbase Global. A political advocacy group is reminding them that there could be consequences if they don’t.
Crypto-backed group reveals first midterm targets. Why it matters for Coinbase. Stand With Crypto, a political advocacy group backed by Coinbase Global, has stepped up its lobbying as lawmakers consider how to regulate the crypto industry. Although discussions continue, Congress has yet to pass a comprehensive framework for digital assets.
The group warns that inaction could carry real consequences for policy outcomes and industry players, including Coinbase. With early midterm targets on the horizon, the coalition signals heightened policy pressure as elections approach. The campaign underscores Coinbase’s interest in clearer rules and a stable regulatory environment, aiming to shape the legislative agenda in the run-up to voting. The push highlights the growing role of industry advocacy in Washington on crypto policy.
Observers note that the effort could influence both the timing and scope of potential bills, potentially impacting exchanges, DeFi, and broader market dynamics. As regulators weigh enforcement and compliance considerations, groups like Stand With Crypto are positioning themselves to shape the policy landscape.
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