Coinbase Boosts Pro-Crypto PAC with $25 Million Donation

Fairshake PAC amasses $160 million, becoming a top political force in the 2024 elections.

Coinbase's latest contribution matches recent $25 million donations from Ripple and Andreessen Horowitz.
Fairshake has spent over $40 million supporting pro-crypto candidates and opposing anti-crypto politicians.
The PAC's significant funding underscores the crypto industry's growing political influence.
Coinbase's CEO emphasizes the need for bipartisan support to advance pro-crypto legislation.
President Biden's recent veto of a crypto custody bill adds tension to the industry's political landscape.