### Cryptocurrency exchange Coinbase has recently launched a campaign called "Crypto435," aiming to promote crypto-friendly policies in all 435 congressional districts that fall under the purview of the United States government.

The campaign's primary goal is to unite the crypto community in opposition to the Securities and Exchange Commission's (SEC) anti-crypto regulatory initiatives and increase public understanding and education about cryptocurrency among Americans.



<blockquote className="twitter-tweet"><p lang="en" dir="ltr">6/ So if you love crypto and want to see all that it can achieve, join us to shape the policies and regulations that will impact crypto and web3 for years to come: <a href="https://t.co/TPJhtoP9eC">https://t.co/TPJhtoP9eC</a></p>— Coinbase (@coinbase) <a href="https://twitter.com/coinbase/status/1630592680563539969?ref_src=twsrc%5Etfw">February 28, 2023</a></blockquote> 



In 2020, the SEC filed a lawsuit against Ripple Labs Inc., the company behind the XRP token, accusing it of conducting an unregistered securities offering worth over $1.3 billion. Since then, the SEC has tightened its regulatory grip on the cryptocurrency industry, causing significant concern among crypto enthusiasts and businesses alike.



Crypto435's key objectives include advocating for innovation, supporting job creation in the cryptocurrency business, and educating Americans about the benefits and potential risks of crypto. The campaign also aims to promote policies that will safeguard the interests of cryptocurrency companies and investors.



Coinbase's decision to launch Crypto435 is expected to bring significant benefits to the crypto community, particularly those who have been adversely affected by the SEC's regulatory crackdown. The campaign will enable individuals and businesses in the cryptocurrency industry to have a more unified voice in advocating for crypto-friendly policies, potentially leading to a more favorable regulatory environment for the industry.



Also, the campaign's educational and public awareness components will assist in dispelling rumors and falsehoods regarding cryptocurrencies and encourage a greater understanding of its potential advantages. The campaign will be essential in fostering the growth and development of the crypto industry by encouraging innovation and employment creation.



To sum up, Coinbase's Crypto435 campaign is a significant move in the crypto community's attempts to encourage a more favorable regulatory climate and advance a greater understanding of cryptocurrencies among the general population in the US. The campaign's goals to encourage innovation, safeguard jobs, and to advance education and public awareness are essential for the expansion and development of the cryptocurrency sector. Although the campaign's effectiveness is yet to be determined, it is unquestionably a major advancement for the crypto community.

 

 

Cryptocurrency exchange Coinbase has recently launched a campaign called "Crypto435," aiming to promote crypto-friendly policies in all 435 congressional districts that fall under the purview of the United States government.

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Mon Mar 13 2023 Coinbase Empowers Cryptocurrency Policy Advocates With Crypto435 Launch

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Mon Mar 13 2023

Coinbase Empowers Cryptocurrency Policy Advocates With Crypto435 Launch