Coinbase said it is unconcerned by increasing Wall Street competition and pointed to the scale of its Stand With Crypto advocacy network as evidence of its position. According to Katie Harries, the campaign has 3.7 million members and has generated more than 2.5 million contacts to lawmakers. Harries also urged global regulators to adopt sensible crypto rules, linking Coinbase’s policy message with its broader public advocacy efforts around digital asset regulation.