Since 2017, crypto lobbying expenditures in the US have surged by 1,386%. Nearly 60% of this $131.91 million total was spent just the last two years, amounting to $78.94 million between 2022 and 2023.
Coinbase has increased its lobbying expenditure by 3,475% over the past seven years. The crypto exchange’s spend increased from $80,000 in 2017 to $2.86 million in 2023.