THE:Kraken Donates $100k to Coin Center_NAT

Krakenisexcitedtoannouncea$100kdonationtoCoinCenter,oneoftheleadingnon-profitadvocacygroupsfocusedonthepublicpolicyissuesfacingdigitalassettechnologies.

ThislatestdonationispartofKraken’songoingcommitmenttotheexcellentworkCoinCenterdoestopromoteresearch,educateregulatorsandadvancetherightsofdigitalassetuserswithsensiblepolicyapproaches.

ThedonationfollowsanannouncementbycryptoassetmanagementfirmGrayscalethatitwouldendow$1milliontoCoinCenterandmatchdonationsuptoanother$1million.In2018,KrakenlaidthegroundworkwithasimilardonationcampaignthathelpedCoinCenterraiseover$3milliondollars.

PeteRizzo,Kraken’sEditor-at-Large,said:

“KrakenisproudtoagainbeattheforefrontoffundingimportantadvocacyworkthatwillhelpeducateU.S.lawmakersandregulatorsonthetransformativepotentialofcryptocurrency.Atatimewhenmisinformationaboutthisnewtechnologyremainshigh,wecallonallindustryleaderstojoinusinfundingthisessentialwork.”

CoinCenterhasbeenavanguardforchallengingpoliciessuchastheproposedSTABLEactaswellasrecentrushedFinancialCrimesEnforcementNetworkrulemakingthatwouldhavelimitedtheunbanked’saccesstodigitalassetservices.

Krakenconsidersitacoredutytoprotectthewell-beingofthedigitalassetindustryandtherightsofeveryindividualtousecryptocurrencies.Lastyear,Krakendonatedover$500kthroughgrantsandothercharitableinitiativestoempowerblockchaindevelopers,digitalassetprojectsandorganizationsdedicatedtothehealthoftheindustry.

Anyonewhowishestocontributetodefendingthedigitalassetindustryisfreetodonatetothe#JoinTheMatchcampaignat:coincenter.org/donate.

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