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Home Exchange Terminal

Coinbase’s Double Play: Eyeing Futures & Upping the Lobbying Game.

by Quirky Block
18 August 2023
in Exchange Terminal
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Ever wondered how the big players in the crypto world navigate the maze of regulations and policies? Well, Coinbase is making some strategic moves, and it’s all kinds of intriguing!

Coinbase, the crypto exchange giant, is setting its sights on futures. But that’s not all! They’re also joining forces with Binance, another heavyweight in the crypto arena, to ramp up their lobbying efforts. Talk about playing on both sides of the field!

Now, let’s get into the juicy details. Coinbase is looking keenly at the future, aiming to significantly impact this space. But as we all know, the crypto world has regulatory hurdles. And that’s where the lobbying comes into play. Coinbase and Binance are cranking up their lobbying initiatives, especially as Congress prepares to debate crypto bills. The stakes are high, and these crypto giants leave no stone unturned.

But why the sudden push in lobbying? Well, the crypto landscape is ever-evolving, and with governments worldwide trying to wrap their heads around it, having a say in the policymaking process is crucial. By increasing their lobbying efforts, Coinbase and Binance aim to ensure that the regulations rolled out are favorable and conducive to the crypto industry’s growth.

It’s worth noting that this isn’t Coinbase’s first rodeo in the world of lobbying. They’ve been active players, ensuring their voice is heard in the corridors of power. But with the recent developments and the increasing scrutiny of the crypto world, their efforts have been amplified.

Coinbase is making strategic moves, eyeing the futures market, and ensuring they have a seat at the table regarding policymaking. With Binance by their side, the future of crypto looks promising and well-represented!

Tags: BinancePartnershipCoinbaseLobbyingCryptoFuturesCryptoRegulationsPolicyDebates
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