Crypto exchange Coinbase says it will focus its “Stand with Crypto” campaign on nine states in the U.S., including four \u201cswing states\u201d where voters were polled as less likely to choose anti-crypto presidential candidates.<\/p>\n
The four \u201cswing states\u201d include New Hampshire, Nevada, Ohio, and Pennsylvania, it said<\/a> in a Sept. 19 blog. <\/p>\n \u201cPolling in the fall of 2022 showed that in the key states of NH, NV, OH, and PA, over half (55%) of voters stated that they would be less likely to vote for candidates who oppose crypto and Web3,\u201d said Coinbase, citing survey data<\/a> collected in a Morning Consult poll a year prior. <\/p>\n 52M Americans own crypto. They\u2019re younger & more diverse than the US population in total. But their voices aren\u2019t being heard by Congress.<\/p>\n That\u2019s about to change.<\/p>\n Here\u2019s what we\u2019re doing\u2014and what you can do to help mobilize 1M people to #StandWithCrypto<\/a>: https:\/\/t.co\/stmH0WVUhO<\/a><\/p>\n \u2014 Coinbase ️ (@coinbase) September 19, 2023<\/a><\/p><\/blockquote>\n The October-published poll included 800 likely voters across the four states. Between 13-19% of respondents in the four states claimed to own cryptocurrency at the time of the polling.<\/p>\n Coinbase also cited that in Nevada, Ohio and Pennsylvania in particular, more than 40% of crypto owners use blockchain to remit money overseas to help family members pay for food, housing and health care for far less than what banks typically charge with international wire transfers.<\/p>\n The crypto exchange’s \u201cStand With Crypto\u201d campaign is a 14-month-long campaign launched in August, pushing for crypto legislation in the country. <\/p>\n Coinbase said the campaign will focus on the four \u201cswing states\u201d as well as Arizona, California, Georgia, Illinois, and Wisconsin, which have an \u201cover-index\u201d when it comes to crypto owners. <\/p>\n \u201cWhile a growing number of elected officials in Congress are advocating for legislation to regulate crypto and drive progress in the financial system, others are simply choosing to protect the status quo. <\/p><\/blockquote>\n Coinbase is also set to organize a \u201cStand with Crypto Day\u201d will take place in Washington D.C. on Sept. 27 to advocate for better cryptocurrency innovation and policy<\/a>.<\/p>\n Related: <\/em><\/strong>Coinbase CEO says leaving US \u2018not even in the realm of possibility right now\u2019 \u2014 Report <\/em><\/strong><\/a><\/p>\n The campaign will also call on crypto owners and supporters to call their members of Congress and ask them to pass clear, sensible legislation.<\/p>\n \u201cToday we kick off this effort by rallying the collective energy of the community, and taking the fight off X (formerly known as Twitter) and on to the phones.”<\/p><\/blockquote>\n \u201cThe campaign will encourage crypto owners and supporters to take one minute of their day to call their member of Congress and ask them to pass clear, sensible legislation,\u201d it added. <\/p>\n Magazine:<\/em><\/strong> <\/em><\/strong>Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler\u2019s Digest, June 4-10<\/em><\/strong><\/a><\/p>\n<\/div>\n\n
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Coinbase attempts to mobilize crypto users<\/h3>\n