Coinbase Political Spending Signals Crypto’s Growing Influence in Washington

Coinbase spent $35.2M in the 2026 midterm cycle, ranking fourth among corporate contributors. The crypto sector collectively contributed $189M (37% of total disclosed corporate spending), with Fairshake super PAC receiving $82.6M. Coinbase's spending targets digital-asset market structure legislation to clarify regulatory jurisdiction between CFTC and SEC, while traditional finance institutions like JPMorgan counter-lobby against crypto-friendly bills.