Cryptocurrency platform Coinbase launches a voter registration tool in the US

The American cryptocurrency exchange Coinbase has announced the launch of two projects: a voter registration tool and an educational initiative on cryptocurrency policy.

As explained by Coinbase’s top manager Faryar Shirzad, this year’s US Senate elections will be the most important in the history of cryptocurrencies.«The leaders we elect in November will make key decisions on how cryptocurrencies, blockchain, and Web3 will be regulated. Our customers want to be heard, so it’s our duty to help them do so,» Faryar Shirzad wrote in his blog.

According to Coinbase representatives, users need to know their rights and responsibilities in the crypto world to be able to protect themselves and their funds. Therefore, the introduction and dissemination of an educational program on crypto policy is extremely important. However, as for the voter registration tool in the United States, at the time of writing, it is not known how this functionality will work and when it will be available.

Interestingly, a few days ago, Coinbase was once again accused of disclosing confidential information. Thus, financial researchers from the University of Technology in Sydney found that insider trading is «systemic» for the exchange. The researchers estimated that such activity took place on 25% of Coinbase listings over the past four years.