Coinbase announces the launch of the Crypto Policy Education Initiative

On Thursday, United States-based leading crypto exchange platform Coinbase announced its plans to launch a crypto policy education initiative that will include a voter registration portal based on candidates’ position of digital assets.

Through conversations and educational tools, users will be able to freely share their opinions on the numerous political and regulatory problems surrounding cryptocurrencies in the United States, according to Coinbase.

The exchange’s chief policy officer (CPO) and a former security advisor to the White House, Faryar Shirzad, stated on Twitter that the exchange is starting this initiative because “electing leaders who are pro-innovation and who support sensible crypto policy is critical to [Coinabse’s] mission.”

Shirzad emphasized that the company thinks it’s critical to submit well-informed votes. The purpose of this new project is to assist users in making decisions and choosing the candidate who best meets their needs.

Coinbase said that the leaders it will elect in November would make important decisions in crypto, blockchain, and web3 areas. The announcement reads:

“The most important way to make a difference in shaping what happens is by being informed and by voting. That’s why we’re launching a voter registration portal and education initiative.”

In order to better understand the candidates’ stance on regulatory issues, participants will also be able to ask them questions about relevant crypto topics. The relationship between politicians and the crypto community might be improved by choosing this option.

Coinbase has no intention of engaging in politics

As long as politicians keep away from its mission, Shirzad contends, Coinbase will not engage in political activity. He claims that Coinbase will play a significant role in the 2022 midterm elections, which may be why the business is operating so differently from how it did during the 2020 presidential elections.

Notably, the United States Securities and Exchange Commission or SEC is now looking into Coinbase for listing nine unregulated securities. Moreover, the exchange is also facing several lawsuits for various reasons, as TheCoinRise reported.