Coinbase Adds Crypto Policy Integration

Coinbase hopes to elevate pro-crypto politicians as regulatory battles heat up


Blockworks exclusive art by axel rangel


key takeaways

  • Coinbase hopes to help fund pro-crypto candidates in cryptocurrencies
  • Coinbase users can now register to vote through the app

In a first for a cryptocurrency exchange, Coinbase moved on Wednesday to showcase relevant political updates to users via its app. 

Coinbase executives positioned the maneuver as a means to elevate the voices — and potential digital asset legislation and regulatory rulemaking — of influential politicians who have been friendly to digital assets. 

Via a news feed-like structure, users can now scroll to see how different legislators are thinking about digital assets. Eventually, the exchange hopes to help pro-crypto candidates accept crypto donations, CEO Brian Armstrong tweeted

The sentiment scores are compiled “based on publicly available statements,” Armstrong wrote.

Users can also register to vote and find information about local town hall events through the app. In the future, Armstrong said the company plans to incorporate relevant political matters globally, as well as parse voting data on candidates running for office and current elected officials.

The data that is currently public is in part supplied by an organization Coinbase supported, Armstrong said, the CryptoActionNetwork. 

The features come as interest in policy heats up in crypto. Leaders in the space have been building their policy and compliance teams in an effort to prepare for impending regulation. 

Coinbase recently moved to fund a US federal lawsuit against the Office of Foreign Asset Control surrounding sanctions suddenly slapped on crypto mixing service Tornado Cash. The exchange is also in the midst of fighting its own regulatory battles as concerns about token classification continue to mount. 

“Crypto advocacy is very important for our mission of increasing economic freedom in the world, and Coinbase will do its part to help,” Armstrong said. “But the crypto community is much bigger than Coinbase — hopefully we can all rally to engage elected leaders and drive sensible policies.”

Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.


Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2023

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research Report Cover Vertex.jpg


The proliferation of new perp DEXs has led to fragmented liquidity across various DEXs and chains. Vertex, known for its vertically-integrated DEX that includes spot, perpetual, and integrated money markets, is now tackling cross-chain liquidity fragmentation through horizontal integration with the launch of new Edge instances. Vertex's integrated offerings and cross-margined account structure amplify the benefits of new instances: native cross-chain spot trading, optimized cross-chain basis trading, consistent interest rates, reduced bridging friction, and more.


Plus, a dive into crypto’s ever-expanding unicorn club


Also, tokenization continues to grab headlines and one bitcoin miner stock soars Tuesday after inking a big deal


Fifteen million daily failed transactions disappeared from Solana


FTX debtors will pay the IRS $200M, with an outstanding lower priority claim of $685M


I’ve come to the realization that more attention is needed to create and sculpt the digital spaces where we live


The NYSE went down yesterday after a glitch caused a string of erroneous trades. Does DeFi fix this?