Coinbase CEO backs 'Stand with Crypto' campaign after suing SEC for clarity
. After minting the NFT, the executive hasn't as yet taken the second step recommended to show support for the project: adding a shield emoji next to his Twitter name.
Coinbase didn't immediately respond to a query seeking clarity on whether the Stand with Crypto campaign had been created by the exchange or was independent of the company., seeking to force a response to its July request for the U.S. regulator to draft a specific rule covering digital assets. Since that request, the agency has declined to create a separate crypto regulation, while reopening custody and exchange rules to explicitly say that they apply to digital assets.
, an effort"to grow the crypto advocacy community and share tools and resources to make your voice heard." The movement aims to promote pro-crypto policy in America's 435 congressional districts.The blue shield NFT created for the Stand with Crypto campaign is"purely commemorative," with no limits on the number that can be minted. It doesn't intend to have any utility or value. As of the time of publication, more than 11,000 NFTs had been minted.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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