Coinbase, Circle, and a16z have formed a powerful alliance, contributing $78 million to Fairshake and a federal PAC, bolstering their influence in Washington. This move aims to back pro-crypto candidates and shape regulatory policies. As regulatory scrutiny of the crypto market grows, these major players, including influential figures like Fred Wilson and the Winklevoss Twins, are intensifying their efforts to depoliticize crypto and advocate for its social benefits.
