Trump Era Sparks Crypto Lobbying Boom: 27 Firms Make History With First-Time Filings

The crypto industry's aggressive push for a more favorable regulatory landscape in the U.S. is gaining momentum. A recent report from The Hill reveals that at least 27 cryptocurrency companies and advocacy groups have filed their first lobbying disclosures in recent months, signaling a concerted effort to shape future legislation.

KuCoin leads the pack with $1 million in lobbying expenditures, while newcomers like Polymarket and NFT-focused gaming firms contribute to a collective $2.8 million spend between April and June. These efforts target critical regulatory agencies including the Treasury Department and SEC.

The lobbying surge has already borne fruit. Bipartisan support for the GENIUS Act marks a significant win, establishing a new framework for stablecoin regulation. Meanwhile, the House advanced additional key bills during its dedicated 'crypto week,' including the CLARITY Act and Anti-CBDC legislation.