Crypto Lobbysists Spent Over $56M On Lobbying In 2023: Did It Make A Difference?
From 2019 through 2023, the cryptocurrency industry in the U.S. invested a total of $56.44 million in lobbying efforts, according to CoinGecko. What Happened: So far this year, the crypto industry’s lobbying spending in the U.S. is about $20.2 million, excluding fourth-quarter (Q4) figures. This amount already represents 19.7% of Wall Street’s lobbying spend, indicating a potential overtaking of 2022’s total and suggesting a growing influence of the crypto industry in Washington. Also Read: Look Out For A ‘Rage Pump,’ Analyst Says – Pepe’s Risk-Reward Ratio Remains Favorable Up to 78 companies…