controversies and impacts on the crypto sector
The sponsorship of Coinbase at the military parade on June 14 in Washington, D.C., sparked a heated debate in the financial world and among crypto enthusiasts. The event, organized to celebrate the 250th anniversary of the U.S. Army and Trump’s 79th birthday, created tensions about the appropriateness of such direct involvement by a financial asset like Coinbase.
A controversial support: Coinbase among the main sponsors
The organization America250, responsible for the parade, has officially announced Coinbase as one of the main sponsors with a press release published on June 9. Alongside Coinbase were also major companies like Lockheed Martin, Palantir, and FedEx, all key players in an event that had a very wide media…