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Grayscale Donating up to $2M to Crypto Advocacy Group Coin Center
A web page has been set up for the donation matching campaign that runs through February.
Grayscale Investments announced Monday it is making a major donation to support the non-profit Coin Center’s policy advocacy mission.
STORY CONTINUES BELOW
- The digital asset manager is donating $1 million to Coin Center and has pledged to match further donations of up to $1 million till the end of February.
- In 2018, crypto exchange Kraken donated $1 million to Coin Center and now Grayscale is taking up the torch by making a similar pledge.
- Coin Center aims to educate policymakers on cryptocurrencies to ensure that the U.S. government's approach is based on a good understanding of the technology.
- “While it is the responsibility of blockchain and digital currency firms to support good policy-making in [Washington], D.C. to drive this industry forward, it is in the interest of all users, developers, investors, and other market participants that regulators are properly informed about developments in this space," said Michael Sonnenshein, CEO of Grayscale Investments.
- A web page has been set up for the donation matching campaign that runs through February.
- Grayscale is a subsidiary of Digital Currency Group, CoinDesk's parent company.
Read more: Grayscale’s Crypto Products Raised Over $3B Last Quarter, the Most Ever
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
