Coinbase to Give Another $25 Million to Fairshake Super PAC in 2025

Pro-crypto super PAC Fairshake will receive another $25 million from cryptocurrency exchange Coinbase in 2025 to support its efforts in the next election cycle. Fairshake’s website says it aims to advocate for a more transparent regulatory and legal framework for the crypto industry that will enable blockchain innovators to better develop their networks. In an Oct. 31 statement to social media platform X, Coinbase CEO Brian Armstrong said that when the dust settles after the Nov. 5 presidential election, he expects it “will be the most pro-crypto Congress ever.” He also announced that the exchange would make another sizable contribution to Fairshake and support the Stand With Crypto Alliance, a non-profit organization dedicated to uniting global crypto advocates....