Crypto exchange Coinbase has announced that its “Stand with Crypto” campaign will target nine states in the US, including four swing states where voters are less likely to choose anti-crypto presidential candidates. The swing states that Coinbase will focus on are New Hampshire, Nevada, Ohio, and Pennsylvania. According to a blog post by Coinbase, a 2022 poll showed that over half (55%) of voters in these states stated that they would be less likely to vote for candidates who oppose crypto and Web3. This information is based on survey data collected in a Morning Consult poll.
Coinbase’s campaign aims to mobilize crypto users and raise awareness about the importance of crypto legislation. The campaign will also focus on Arizona, California, Georgia, Illinois, and Wisconsin, states where there is a higher concentration of crypto owners. The intention is to encourage these crypto owners and supporters to contact their members of Congress and ask them to pass clear and sensible legislation related to cryptocurrencies.
It is worth noting that in Nevada, Ohio, and Pennsylvania, more than 40% of crypto owners use blockchain technology to send money overseas to support their families. This enables them to pay for essential needs like food, housing, and healthcare at a fraction of the cost of traditional banking methods.
As part of the campaign, Coinbase has organized a “Stand with Crypto Day,” which will take place in Washington D.C. on September 27th. The event aims to advocate for better cryptocurrency innovation and policy. Coinbase also encourages crypto owners and supporters to take a moment to call their members of Congress and urge them to pass legislation that supports the crypto industry.
Overall, Coinbase’s “Stand with Crypto” campaign seeks to amplify the voices of the crypto community and ensure that their interests are heard and protected at the legislative level.
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