Fintech-Related Lobbying Attracted $42 Million in Q1 201940

In a bid to carry out their agendas, crypto firms have turned to lobbying. Citing statistics from the Federal Electoral Commission (FEC), news platform Roll Call reported that fintech firms spent $42 million as lobbying expenses in Q1 in 2019 alone.

The report considered the lobbying efforts of firms such as U.S.-based cryptocurrency exchange Coinbase, Bitcoin payment app Square, MasterCard, IBM and others. Per the report, of all the 80 companies that admitted to lobbying on fintech issues in the past quarter, over half spent money on cryptocurrencies and blockchain technology.

Original source
https://bitcoinmagazine.com/articles/fintech-related-lobbying-attracted-42-million-q1-2019/

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