Coinbase launches new voter registration tool in Push for crypto-friendly policy

Coinbase is unveiling a new voter registration tool in preparation for the upcoming US midterm elections.

In a new statement, the leading US-based digital asset exchange says it is launching an information portal with the aim of increasing American participation in the election process.

The remote host website will act as a trusted hub for information on candidates and issues that could shape the future of crypto.

Coinbase says the tool is part of its newly launched crypto education initiative, which aims to support crypto-friendly political candidates.

“By registering to vote and participate in this year’s midterm elections, you can join us in supporting crypto-forward politicians who are aligned with our mission to expand economic opportunity, build an open financial system, and promote freedom .”

The exchange says the November 8 election is a key moment for the crypto space as 24% of US households now own cryptocurrency.

“This year’s US midterm elections are the most important in crypto history. The leaders we elect in November will make important decisions about how crypto, blockchain and Web3 are regulated.”

The company says that the implementation of sensible and workable crypto regulations is important for the US to remain competitive and innovative.

“It is important that our elected leaders understand the potential of crypto and support a policy framework that fosters continued innovation here in the United States and further progress toward a future of economic freedom for all in the world.”

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Featured image: Shutterstock/YanaBu

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