The cryptocurrency industry blanketed Washington this year to push its agenda, but key players in the sector tapered off their federal lobbying expenditures as a signature legislative priority collapsed in September, new disclosures show.
Coinbase and some of the largest crypto groups spent more than $4 million on federal lobbying in the third quarter, marking the sixth consecutive quarter they’ve surpassed that threshold, a Bloomberg Government analysis found. Spending declined from the previous three months as the industry pushed unsuccessfully to advance its top legislative priority, the Clarity Act.
Some lobbying firms terminated crypto clients in the quarter, according to …





