Coinbase Introduces New Stand With Crypto Alliance Team To Empower The Community

Key Points:

• Cryptocurrency exchange Coinbase has launched a crypto advocacy organization, Stand with Crypto Alliance.
• The organization is focused on mobilizing the crypto community to participate directly in the legislative process.
• The organization is launched as the US Congress prepares to vote on sensible legislation to protect consumers and their cryptocurrency rights this fall.

According to the official blog, Coinbase has announced the establishment of the crypto advocacy organization Stand with Crypto Alliance, which aims to mobilize the crypto community to get directly involved in the legislative process for the future of cryptocurrencies.

With the launch of Stand with Crypto Alliance, the crypto community will be unleashed as a core constituency in the legislative process. In particular, the Stand With Crypto Alliance will leverage the underlying technology of blockchain to help organize the community into a powerful voice advocating for policies that will update the financial system and support economic empowerment.

Based on recent historical bipartisan legislative dynamics in the US Congress, the Stand with Crypto Coalition is the first accurate grassroots movement of crypto to organize on-chain, Coinbase said. By offering Launchpad, the Coalition is mobilizing the full power of community-decentralized cryptocurrency to speak to lawmakers.

This fall, as Congress votes on sensible legislation to protect consumers and their crypto rights, US crypto voters are protecting consumers and their crypto rights and will hold them accountable when Congress votes on these common issues.

It is reported that two encryption bills in the United States will be voted on in the full House of Representatives. A comprehensive framework for regulating stablecoin payments. Both bills passed several House committees last month.

Coinbase and other crypto platforms have come under the radar of regulatory scrutiny, particularly a battle with the top crypto-unfriendly regulator, the SEC. However, there is still a lot of hope after Ripple’s recent victory in a lawsuit with the SEC, and many organizations and influencers have spoken out in defense of the leading US exchange platform.

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