PANews reported on May 25th that, according to CoinDesk, Katie Harries, Head of European Policy at Coinbase, stated that Coinbase is not at all worried about the growing competition from Wall Street giants or other traditional financial institutions, believing that the grassroots community support in the crypto industry is something Wall Street cannot replicate. Furthermore, Harries stated that Stand With Crypto, a crypto advocacy organization backed by Coinbase, has over 3.7 million members globally and has made over 2.5 million contacts to lawmakers, demonstrating that “crypto voters” are a permanent force in the political landscape. Although a CoinDesk survey showed that only 1% of US voters listed crypto as a top concern, Harries believes voters do care about digital assets. She called on global regulators to immediately adopt a sensible crypto regulatory framework, stating that “the window of opportunity to shape sensible crypto regulation has opened.”
