In a big move for the cryptocurrency industry, the Stand with Crypto Alliance political action committee (PAC), launched by Coinbase in 2023, has announced that more than 1 million Americans have joined their cause. They are set to influence policy in Washington, D.C.
This comes as both major political parties in the U.S. navigate their positions on cryptocurrency, with Trump’s campaign recently announcing it would accept donations in crypto and Biden’s campaign yet to comment on the matter.
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Stand With Crypto
According to the pro-crypto PAC, 52 million Americans currently hold some form of cryptocurrency. A recent survey reveals that 87% of Americans believe the existing financial system requires significant changes, and 45% of respondents indicated they would not support an anti-crypto candidate in elections.
