Coinbase faces crypto backlash over sponsoring military parade in D.C.

Coinbase faces crypto backlash over sponsoring military parade in D.C.

As the first large-scale military parade in decades made its way down the streets of Washington, DC on Saturday, organizers gave thanks to the country’s men and women in uniform—and also to various corporate sponsors, including the giant crypto exchange Coinbase. Not everyone was comfortable with the spectacle of the crypto industry—which was founded in opposition to government power—being so closely aligned with a display of force by the U.S. C…

From Communism to Simping: Coinbase Sponsorship of US Army Parade Draws Community’s Ire

The sponsorship sparked reactions about the nature of Coinbase’s involvement in the army event and how this could be considered unnatural for an industry championing decentralization. Nonetheless, others supported the move, accusing the opposing party of being “communists.” Coinbase Receives Mixed Reactions Regarding U.S. Army Parade Sponsorship Coinbase, the largest U.S.-based cryptocurrency exchange, is in... The post From Communism to Simping…

From Communism to Simping: Coinbase Sponsorship of US Army Parade Draws Community's Ire – Exchanges Bitcoin News

The sponsorship sparked reactions about the nature of Coinbase’s involvement in the army event and how this could be considered unnatural for an industry championing decentralization. Nonetheless, others supported the move, accusing the opposing party of being “communists.” Coinbase Receives Mixed Reactions Regarding U.S. Army Parade Sponsorship Coinbase, the largest U.S.-based cryptocurrency exchange, is in […]

Coinbase Stirs Outrage With Sponsorship Of Military Parade In Washington D.C. – MAXBIT

US-based crypto exchange, Coinbase, has found itself at the center of controversy after sponsoring a large-scale military parade in Washington, DC, marking the first such event in decades. The parade, held to celebrate the 250th anniversary of the United States, featured various corporate sponsors, including the exchange. Debate Erupts Over Coinbase’s Role In Military Parade ...

Crypto Users Criticize Coinbase's Sponsorship Of US Military Parade

The post Crypto Users Criticize Coinbase’s Sponsorship Of US Military Parade appeared on BitcoinEthereumNews.com. Update (June 16 at 10:13 pm UTC): This article has been updated to include more information on Coinbase’s financial contribution. Coinbase is facing backlash from crypto users after sponsoring the 250th anniversary celebration of the US Army in Washington, D.C. In a June 16 X post, Adam Cochran, a partner at venture capital firm Cinn…

Coinbase Expands into Europe While Facing Backlash at Home

As Coinbase nears securing EU licensing under MiCA, the company is drawing criticism from the crypto community over its sponsorship of a US Army parade.