Coinbase kicks off grassroots campaign to advance US legislation

Coinbase, the largest U.S. cryptocurrency exchange, is stepping up its grassroots advocacy campaign in a bid to advance legislation that will provide regulatory clarity for the industry, the company said.

A congressional committee in July advanced a crypto bill that would define when a cryptocurrency is a security or a commodity. The industry wants that bill to go to a full vote in the U.S. House of Representatives.