Today in Data: The Cost of Crypto

By  |  June 6, 2022
 | 

Today in data, the cryptocurrency industry ups its spending in Washington, while crypto companies begin to cut jobs.

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    Data

    $26.3M: Campaign contributions from the crypto industry players between January 2021 and the end of March 2022.

    320: Number of lobbyists employed by the crypto industry in D.C., quadrupling previous figures.

    More than 70: Staff positions cut last week by Bitso, Latin America’s largest crypto exchange and one of several companies letting workers go in the first week of June

    10%: Share of staff laid off last week by crypto company Gemini.

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