• About Us
  • Advertise
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • Team
BitcoinNewsUpdates
  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Cryptocurrency News
  • Press Release
  • Price Analysis
No Result
View All Result
  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Cryptocurrency News
  • Press Release
  • Price Analysis
No Result
View All Result
BitcoinNewsUpdates
No Result
View All Result
Home Cryptocurrency News

Political Action Committee Of Coinbase Will Be Wrapped Soon

Alicia Pitre by Alicia Pitre
April 16, 2021
in Cryptocurrency News
0
Political Action Committee Of Coinbase Will Be Wrapped Soon

The major cryptocurrency exchange of United States, Coinbase had put forward the request to wind up its political action committee (PAC) on 3rd April. FEC stands for Federal Election Commission. It is the United States-based regulatory firm which ensures that the companies perform within the financial laws of the state. As per the reports published on the website of Federal Election Commission, Coinbase had expressed its request to wind up its PAC however it is yet to be cleared whether Coinbase PAC has been closed or not.

Coinbase is a US-based cryptocurrency exchange that was established in June 2012. The firm has its headquarters located in San Francisco, California. The exchange deals in Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic, Litecoin (LTC), and many more. Check Coinbase review for the full list of cryptocurrencies with which you can deal.

The motive behind the emergence of Political Action Committee (PAC) is to add to the firm’s capital but for about 10 months the committee was neither able to back funds for the concern nor it paid for any expenditure.

The PAC was established in July 2018 and was operated under the guidance of Mike Lempres, the former chief policy officer at Coinbase. He left the organization to join firm Andreessen Horowitz. And after that, Brian Brooks joined as the chief legal officer in September 2018. The political action committees have been slammed since after the case between Citizens United and Federal Election Commission (FEC) held in the Supreme Court in the year 2010.

In September 2018, Coinbase managed to become one of the founding members of Blockchain Association. The Association is the first lobby group representing the interests of the blockchain ecosphere. Protocol Labs, Polychain Capital, and Digital Currency Group are also a member of the Blockchain Association.

Previous Post

Lucky April for BTC or the Market is turning Bullish; Bitcoin Records a $5639 Break Through!

Next Post

North Korean Users Present in the Platform Denied by Bittrex

Alicia Pitre

Alicia Pitre

Alicia Pitre has completed her graduate degree in journalism and now working at BitcoinNewsUpdates as a news writer. She is very passionate about her profession. She always writes informative articles about cryptocurrencies, market updates, use cases of blockchain technology, and much more.

Next Post
North Korean Users Present in the Platform Denied by Bittrex

North Korean Users Present in the Platform Denied by Bittrex

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Buy Dogecoin with Paypal

Why Is Dogecoin Becoming Popular? Can I Buy It With Paypal?

March 16, 2021
Holo (HOT) Token Shows Signs of an Evolving Buying Trend

Holo (HOT) Token Shows Signs of an Evolving Buying Trend

March 23, 2022
Experts Say the Bitcoin Would Go back

Know Why Some Experts Say the Bitcoin Would Go back Below $4,800 in A Few Weeks

July 2, 2020
Amazon

Shop on Amazon and Pay with your Cryptocurrencies

March 1, 2021
CoinGecko to Enter Non-Fungible Token Space

CoinGecko to Enter Non-Fungible Token Space

0
Ethereum (ETH) and Ripple (XRP) Now Available to Trade on OTC Trading Desk of Coincheck Exchange

Ethereum (ETH) and Ripple (XRP) Now Available to Trade on OTC Trading Desk of Coincheck Exchange

0
Bitcoin SV

The largest Crypto exchange in the World Delists Bitcoin SV

0
Bitcoin Treasure Hunt

How World is Getting Ready For 1m Bitcoin Treasure Hunt

0
Explore Top Jobs & Opportunities in Growing Blockchain Industry

Explore top jobs & opportunities in growing blockchain industry

May 12, 2023
US crypto exchanges see rising trend of crypto lending and borrowing

The increasing trend of crypto lending and borrowing services on US-based crypto exchanges

March 29, 2023
How to Choose the Best Crypto Exchange in Australia?

How to Choose the Best Crypto Exchange in Australia?

February 27, 2023
Trading Bots gain popularity amidst the Crypto market recovery

Trading Bots gain popularity amidst the Crypto market recovery

February 21, 2023
BitcoinNewsUpdates

BitcoinNewsUpdates is offering quality news articles about world's most popular cryptocurrency - Bitcoin. Stay tuned with us to gain insight into the world of cryptocurrencies. We are the leading source to stay informed regarding world of Crypto.

Email: editor@bitcoinnewsupdates.org

Follow Us

Explore Top Jobs & Opportunities in Growing Blockchain Industry
Blockchain News

Explore top jobs & opportunities in growing blockchain industry

Crypto jobs are in high demand right now. There are countless opportunities for individuals like you to participate in developing ...

May 12, 2023
US crypto exchanges see rising trend of crypto lending and borrowing
Cryptocurrency News

The increasing trend of crypto lending and borrowing services on US-based crypto exchanges

Crypto lending and borrowing services are essentially banking services for the crypto community. A blend of growing interests and increased ...

March 29, 2023
How to Choose the Best Crypto Exchange in Australia?
Cryptocurrency News

How to Choose the Best Crypto Exchange in Australia?

Research and Compare Different Crypto Exchanges in Australia Like several other countries in the world, Australia has recently become a ...

February 27, 2023
Trading Bots gain popularity amidst the Crypto market recovery
Blockchain News

Trading Bots gain popularity amidst the Crypto market recovery

The cryptocurrency industry witnessed a substantial decline in 2022 by over 70% from the previous peak in November 2021. Bitcoin ...

February 21, 2023
MicroStrategy Buys 301 More Bitcoins, Worth $6 Million
Bitcoin News

MicroStrategy Buys 301 More Bitcoins, Worth $6 Million

Despite the ongoing market downturn, MicroStrategy has purchased a fresh batch of Bitcoin FOR $6 million. A $6 million purchase ...

September 21, 2022

Recent News

Explore Top Jobs & Opportunities in Growing Blockchain Industry

Explore top jobs & opportunities in growing blockchain industry

May 12, 2023
US crypto exchanges see rising trend of crypto lending and borrowing

The increasing trend of crypto lending and borrowing services on US-based crypto exchanges

March 29, 2023
How to Choose the Best Crypto Exchange in Australia?

How to Choose the Best Crypto Exchange in Australia?

February 27, 2023

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Cryptocurrency News
  • Press Release
  • Price Analysis
  • About Us
  • Advertise
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • Team

Copyright © 2023. BitcoinNewsUpdates. All Rights Reserved.

No Result
View All Result
  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Cryptocurrency News
  • Press Release
  • Price Analysis

Copyright © 2023. BitcoinNewsUpdates. All Rights Reserved.