Kraken Top Crypto Exchange in EU Lobbying Spending Ahead of Coinbase
Update: 2025-10-30
Description
Crypto exchanges, including Kraken and Coinbase, spent millions lobbying the EU in 2024, with Kraken's parent company, Payward, leading the pack. These companies employed multiple full-time lobbyists and spent between $323,000 and $430,000 each. Despite this, tech giants like Meta still outspent the crypto industry. The EU's new crypto asset regulations, MiCA, and stricter anti-money laundering rules are driving this lobbying push, with some firms potentially trying to evade new restrictions.
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