In a recent campaign known as “Stand with Crypto,” popular cryptocurrency exchange Coinbase has directed its efforts towards swing states in the United States. The initiative specifically targets New Hampshire, Nevada, Ohio, and Pennsylvania, where poll data suggests that more than half of voters would not support candidates who are against cryptocurrency and Web3. Additionally, Coinbase will concentrate on Arizona, California, Georgia, Illinois, and Wisconsin, which have a higher proportion of crypto owners.
This campaign was launched following a survey conducted in swing states, which revealed that between 13% to 19% of respondents were cryptocurrency owners. Furthermore, it was reported that over 40% of crypto owners in Nevada, Ohio, and Pennsylvania utilize blockchain technology for cheaper money transfers overseas compared to traditional banking methods. As part of the campaign, Coinbase has organized a “Stand with Crypto Day” in Washington D.C. and is encouraging cryptocurrency owners to contact their Congress members in order to advocate for clear and sensible cryptocurrency legislation.
Coinbase’s primary objective with this campaign is to amplify the voices of crypto users and highlight their needs and concerns. By pursuing this lobbying strategy, Coinbase aims to enhance the legitimacy of cryptocurrency in the eyes of policymakers and generate widespread public support, particularly in politically significant swing states.
The original article remains neutral in terms of political slant, although it does focus on Coinbase’s perspective and goals, which may create some bias towards the cryptocurrency industry. The information provided appears to be primarily factual, as it outlines the campaign launched by Coinbase and the poll data supporting this initiative. However, the interpretation of the campaign’s significance and its potential influence on politicians can be subjective. Taking into account the focus on factual information and the presentation of Coinbase’s activities, this article can be estimated as being 80% likely to be factual news based on my current analysis. It should be noted that this assessment considers the inherent bias towards Coinbase and the crypto industry.