Crypto companies spent $18.96 million on lobbying by the end of the third quarter, up from $16.1 million in the same period last year, according to a report citing research by OpenSecrets.
This year has also seen the U.S. Securities and Exchange Commission (SEC) suing crypto exchanges for violating securities laws and keeping the industry waiting over the approval of a spot bitcoin exchange-traded fund (ETF).
#cryptocurrency industry #lobbying spending #record high #Coinbase #Foris DAX #Binance #Blockchain Association
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