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Flood of Cash from Coinbase Gives Crypto One of the Biggest Campaign War Chests

The crypto industry has so far gathered about $161 million after Coinbase became the latest company to donate $25 million to its political action committees for this election, which potentially makes it among the most formidable campaign-finance operations in the U.S.That kind of cash could have allowed the PACs to spend well over $300,000 on every seat of Congress up for grabs in November.The crypto industry has – with the addition of another $25 million from Coinbase Inc. on Monday – amassed o...

Read more at coindesk.com

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