Coinbase is unveiling a new voter registration tool in preparation for the upcoming US midterm elections.
In a new statement, the leading US-based digital asset exchange says that it is launching an information portal with the objective of raising American participation in the electoral process.
The externally-hosted website will serve as a trusted hub for information on candidates and issues that can shape the future of crypto.
Coinbase says that the tool is part of its newly-launched crypto education initiative, which aims to support crypto-friendly political candidates.
“By registering to vote and participating in this year’s midterm elections, you can join us in supporting crypto-forward policymakers who align with our mission to expand economic opportunity, build an open financial system, and advance freedom.”
The exchange says that the election on November 8th is a key moment for the crypto space as 24% of US households now own cryptocurrency.
“This year’s U.S. midterm elections are the most important in crypto’s history. The leaders we elect in November will be making key decisions about how crypto, blockchain, and Web3 are regulated.”
The company says that the passage of sensible and workable crypto regulations is important in order for the US to remain competitive and innovative.
“It is essential that our elected leaders understand the potential of crypto and support a policy framework that fosters continued innovation here in the United States and forward progress toward a future of economic freedom for everyone in the world.”
Featured Image: Shutterstock/YanaBu
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