In Q4 2022, cryptocurrency companies' federal lobbying expenditures were approximately $7 million

ChainCatcher news indicates that stakeholders and affiliates in the cryptocurrency industry spent approximately $7 million on federal lobbying in the fourth quarter of 2022. Disclosure data shows that collective industry spending in the fourth quarter of 2022 was slightly below $7 million. Although this represents a slight decrease compared to the second quarter ($7.4 million) and third quarter ($7.2 million), the findings reflect that federal lobbying spending levels remained very consistent even during one of the most severe crypto bear markets in years. (Source link)