Coinbase Sponsors America250 at Bitcoin Conference

During the recent Bitcoin Conference held at The Venetian Expo in Las Vegas, Faryar Shirzad, the chief policy officer of Coinbase, made a significant announcement that resonated throughout the venue. Speaking to a sparse audience, Shirzad’s declaration was aimed at both those present and the viewers tuning in via livestream.

“I want to make a big announcement,” Shirzad stated, his voice echoing in the expansive hall. The atmosphere was subdued, with only a handful of attendees occupying the 5,000 available seats. However, the importance of his message was clear.

Shirzad continued, “I am super proud to say it on this stage. We have just become a major sponsor of the America250 effort.” This statement marked a notable moment for Coinbase, the world’s largest cryptocurrency exchange, which holds approximately 12 percent of the global Bitcoin supply and is listed on the S&P 500.

The implications of this sponsorship are significant, particularly given the political context. Coinbase’s financial support is linked to an initiative that aims to celebrate the 250th anniversary of the United States, which includes plans for a military parade led by former President Donald Trump.

Shirzad’s announcement raised eyebrows, especially considering the political affiliations of some of the panelists at the conference. Among them was Chris LaCivita, a political consultant who co-chaired Trump’s 2024 presidential campaign. This choice of guest highlighted the intersection of cryptocurrency and politics, a theme that was prevalent throughout the day’s events.

The day was themed “Code and Country,” featuring a series of panels focused on Republican legislators, White House officials, and various political operatives. The programming was designed to appeal to a conservative audience, reflecting the growing relationship between the cryptocurrency sector and political movements.

As the conference progressed, it became evident that Coinbase’s involvement in America250 is not merely a financial commitment but also a strategic alignment with political interests that could influence the future of cryptocurrency regulation and adoption in the United States.

For more information on the Bitcoin Conference and its events, visit Read the full story at The Verge..