US crypto firms ramp up lobbying efforts, expenditures up 1386% over 7 years

A recent study has revealed that US crypto companies have significantly increased their lobbying efforts, with expenditures rising by 1386% from 2017 to 2023. According to the data compiled by Social Capital Markets, crypto firms spent $40.42 million lobbying for regulatory changes during 2023 alone, signaling the growing importance of government relations in the industry. […] source: https://cryptoslate.com/us-crypto-firms-ramp-up-lobbying-efforts-expenditures-up-1386-over-7-years/