Crypto sector spent more than $13 million lobbying in first half, led by Coinbase

  • Crypto industry spent more than $13 million lobbying during the first half of 2026.
  • About $8 million supported the Digital Asset Market Clarity Act in the Senate.
  • Coinbase spent $2.2 million; Kraken spent $1 million on related lobbying efforts.

The crypto industry spent more than $13 million on federal lobbying in the first half of 2026, including about $8 million tied to efforts to advance the Digital Asset Market Clarity Act in the U.S. Senate. The campaign has so far failed to achieve its legislative goal. Coinbase spent about $2.2 million on lobbying related to the bill, while Kraken spent about $1 million; Digital Currency Group, Jump Crypto and Paradigm also contributed. Of the $8 million linked to the market-structure effort, about $2.4 million went to external lobbying firms, $2.1 million to lobbyists employed by trade associations, and the remainder to crypto companies' internal influence operations. The figures exclude the sector's more than $100 million in campaign funds and tens of millions spent annually by advocacy groups, although some association fees supported the legislative push. Other lobbying addressed tax legislation, digital asset mining and engagement with U.S. regulators. The sector also paid millions of dollars to at least 42 external professional firms.

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