Binance expanded investments in lobbying

Voting ended over 2 years agoSucceeded

Cryptocurrency exchange Binance has sharply increased its investment in lobbying over the past two years.

Binance and Binance.US spent more than $1 million lobbying politicians in 2023-2023, according to new data provided by OpenSecrets, a US non-profit that tracks political campaign donations. In total, Binance Holdings invested $850,000 in 2023, and Binance.US spent $340,000, both up significantly from the previous year.

Binance.US led the way in spending last year by investing more than $1 million lobbying for Binance.US and just $50,000 for Binance worldwide, the report found.

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Timeline

Dec 01, 2023Proposal created

Dec 01, 2023Proposal vote started

Dec 04, 2023Proposal vote ended

Dec 04, 2023Proposal updated