The Big Story
Crypto lobby gains ground under Trump
The cryptocurrency lobby rapidly expanded its presence on Capitol Hill in recent months as lawmakers took their first bite at legislation to regulate digital currency.
© Illustration / Courtney Jones; Greg Nash; and Adobe Stock
At least 27 crypto companies or advocates filed their first-ever lobbying disclosures this year across some 20 firms, reflecting an increasing appetite for influence in a more crypto-friendly Washington.
The newcomers originate from all corners of the industry.
There’s betting website Polymarket, a gaming company that created an NFT version of the White House Easter egg hunt, and a Seychelles-based exchange that cannot operate in the U.S. market due to a federal money laundering settlement.
Together, they sp