Coinbase Will Educate Users About Local Politicians’ Policies With New App Integration

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On September 14, Coinbase co-founder and CEO Brian Armstrong announced the company’s plans to begin integrating crypto policy efforts into its app. According to him, this will help the company’s 103 million verified users know where their local leaders and political representatives stand with cryptocurrency.

Coinbase will rely on some of the data compiled by the Crypto Action Network – a 501(c)(4) organization dedicated to promoting the growth and security of cryptocurrency. Specifically, Coinbase will use a scorecard developed by the Crypto Action Network, which rates each member of Congress on their stance on crypto, based on their publicly recorded statements and actions regarding crypto policy. The grading system ranges from “A” to “F”.

According to the CEO tweet, users of the Coinbase app will be able to see where members of Congress stand on crypto policy, as well as register to vote and stay up to date on local town hall events. He also expressed the company’s plans to expand geographic coverage and add relevant data to the profiles of vying candidates.

The CEO shared that this will “help pro-crypto candidates solicit donations from the crypto community (in crypto).” He added:

“Crypto advocacy is very important to our mission to increase economic freedom around the world, and Coinbase will do its part to help. But the crypto community is much bigger than Coinbase – hopefully we can all come together to engage elected leaders and drive sensible policies.

This CEO announcement comes less than a month after Coinbase Chief Policy Officer Faryar Shirzad shared in a Tweeter:

“The leaders we elect in November will be those who make critical decisions about the future of crypto, blockchain and web3 – and your economic freedom.”



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