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Crypto lobby gains ground under Trump

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26.07.2025
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Technology

Technology

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 spent nearly $2.8 million between April 1 and June 30 on lobbying landmark legislation promoting digital assets to the Treasury Department and the Securities and Exchange Commission, and a host of other issues relevant to blockchain infrastructure — an increasingly sprawling ecosystem that some hope could one day be as ubiquitous as the internet.

The push has paid off for crypto so far. The........

© The Hill