Coinbase forms a second PAC to support crypto-friendly candidates

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Coinbase forms a second PAC to support crypto-friendly candidates
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The cavalry arrives. Coinbase registered a new political action committee in a determined move to support pro-crypto lawmakers for the 2022 midterm elections.

“We believe the bi-partisan potential is clear and we intend to support crypto-forward lawmakers who align with our mission to advance economic freedom for all Americans,” said a Coinbase spokesperson, according to Politico.The formation of the PAC comes roughly nine months prior to election day in the United States — Nov. 8 — with control of both the House of Representatives and the Senate essentially up for grabs.

However, crypto is seemingly not the single issue many U.S. voters consider in elections. Morgan Harper is currently running for one of two U.S. Senate seats for Ohio, seeking to replace departing pro-crypto Senator Rob Portman. During his time in office, Portman hasCointelegraph reached out to Coinbase, but did not receive a response at the time of publication.

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