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Bitcoin Advocacy Group Coin Center Collects $1 Million in New Contributions
Washington, DC-based non-profit research and advocacy group Coin Center has raised $1m from old and new supporters.

Washington, DC-based non-profit research and advocacy group Coin Center has raised more than $1m in new funding, the group announced this week.
Coin Center launched in 2014 with the aim of educating policymakers in the political heart of the US. The organisation, which kicked off with $1m in initial funding, has since focused on a range of research and policy initiatives in and around the country's capital.
Contributing to the latest round of donations were a group of existing supporters and some new ones, including industry startups Abra, Bitso, ConsenSys, Lightning, OB1, Ripple, ShapeShift and SolidX, as well as a number of undisclosed individuals.
According to a blog post penned by executive director Jerry Brito, the funding will be used in part to further fuel Coin Center's advocacy efforts.
A fundraising gala will be held in New York City in May to raise additional funds, organized in conjunction with CoinDesk's Consensus 2017 blockchain industry conference.
Brito wrote:
"Your support of Coin Center – at any level – keeps our work going and helps keep the technology free and open. Thanks to all our current and future supporters."
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which is a contributor to Coin Center.
Image via Shutterstock
Garrett Keirns
Garrett Keirns is an editorial intern at CoinDesk. In 2011, he co-founded the Cincinnati Bitcoin MeetUp. Before CoinDesk, he contributed to bitcoin related publications CoinReport.net and News.Bitcoin.com. Garrett holds value in bitcoin and has used other digital currencies. He also provides blockchain consultation services to at least one individual invested in the space. (<a href="https://qa.coindesk.com/editorial-policy/">See: Editorial Policy</a>). Follow Garrett here: <a href="https://twitter.com/garrettkeirns">@garrettkeirns</a>. Email garrett@coindesk.com.
