Cryptocurrency exchange Coinbase forms political action committee

Young journalists club

News ID: 26259
Publish Date: 9:14 - 21 July 2018
TEHRAN, July 21_Coinbase has formed a political action committee (PAC) to raise money to spend on U.S. elections, the cryptocurrency exchange said here in a filing made public on Friday.

Cryptocurrency exchange Coinbase forms political action committeeTEHRAN, Young Journalists Club (YJC) _Coinbase has formed a political action committee (PAC) to raise money to spend on U.S. elections, the cryptocurrency exchange said here in a filing made public on Friday.

Coinbase’s newly established PAC had not yet raised money as of June 30.

In May, Coinbase said it would revamp its trading technology and create a new suite of services to attract more institutional investors, including hedge funds and high-frequency trading firms.

Coinbase has formed a political action committee (PAC) to raise money to spend on U.S. elections, the cryptocurrency exchange said here in a filing made public on Friday.

Coinbase’s newly established PAC had not yet raised money as of June 30.

In May, Coinbase said it would revamp its trading technology and create a new suite of services to attract more institutional investors, including hedge funds and high-frequency trading firms.

Source:Reuters

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