Coinbase, Ripple, and a16z to Send Delegations to GOP, DNC Conventions

IconCryptoNewsTerminal Staff15 Jul, 2024

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Coinbase, Ripple, and a16z to Send Delegations to GOP, DNC Conventions

Major US cryptocurrency companies, including Coinbase, Ripple (XRP), and Andreessen Horowitz (a16z), will send delegations to the Republican and Democratic national conventions, according to a report from Politico. "The cryptocurrency industry is planning to make its case at the Republican National Convention for election outcomes that would lead to favorable policies for the industry," Politico reported. The companies are major backers of the pro-crypto super PAC Fairshake, which is also sending a delegation to the Democratic National Convention in August. The move by these major cryptocurrency players highlights the growing political clout of the industry and its desire to shape the regulatory landscape in the United States.

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