Company Directory - Coinbase Global, Inc.
Company Details - Coinbase Global, Inc.
Coinbase Global, Inc.
WebsiteSan Francisco, United States
ISIN: US22554P1040
Coinbase is a leading cryptocurrency exchange platform that allows users to buy, sell, and manage a variety of digital assets. It offers a user-friendly interface, secure storage solutions, and trading services for both retail and institutional investors, helping to drive the adoption of digital currencies worldwide.
CCI Score
CCI Score: Coinbase Global, Inc.
-19.64
0.01%
Latest Event
SEC Enforcement Relief Extends to Coinbase
In the wake of the SEC closing its investigation into Crypto.com, Coinbase was noted among other cryptocurrency exchanges receiving similar regulatory relief. Critics argue that such relief may signal a broader trend of regulatory capture, reducing oversight and accountability for these firms.
Take Action
So what can you do? It's time to make tough choices. Where will you cast your vote?
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
ENABLER
Coinbase Global, Inc. is currently rated as an Enabler.
Latest Events
- MAR272025
In the wake of the SEC closing its investigation into Crypto.com, Coinbase was noted among other cryptocurrency exchanges receiving similar regulatory relief. Critics argue that such relief may signal a broader trend of regulatory capture, reducing oversight and accountability for these firms.
- MAR102025
Coinbase Global, Inc. contributed $65M through Fairshake to influence the 2024 US elections, raising concerns over regulatory capture and potential violations of federal election laws which may undermine democratic processes.
-60
Political Contributions and Lobbying Efforts
March 22
Coinbase's significant contribution of $65M through its PAC Fairshake has raised alarm among regulators and advocacy groups. This move is seen as an effort to secure favorable regulatory outcomes, potentially leading to regulatory capture and erosion of democratic accountability. The involvement in political contributions and lobbying, particularly when conducted by a major financial intermediary in the crypto space, is troubling from an anti-fascist perspective.
Crypto Firms Spend $134M in 2024 US Elections, Coinbase Contributes $65M
- FEB192025
Investigation highlights that a significant portion of Coinbase lobbyists, with 31 out of 43 in 2024 having held government positions previously, raising issues of conflicts of interest and potential undue political influence.
-60
Political Contributions and Lobbying Efforts
March 22
Data from OpenSecrets reveals that a notable portion of Coinbase lobbyists have previously held government positions. This revolving door dynamic raises significant concerns about conflicts of interest and the potential for corporate influence on democratic policymaking, thereby undermining transparency and accountability.
- JAN012025
Coinbase released a detailed Code of Business Conduct & Ethics that outlines strict internal standards for legal, ethical, and compliant business practices, demonstrating its commitment to transparency and anti-corruption measures that oppose authoritarian principles.
+80
Business Practices and Ethical Responsibility
March 22
The comprehensive Code of Business Conduct & Ethics published by Coinbase underlines strong corporate ethical standards, including strict adherence to anti-corruption, anti-bribery, and compliance requirements. These internal guidelines work to ensure fair business practices and help resist behaviors that could contribute to authoritarianism, thereby contributing positively on the Corporate Complicity Index.
- SEP022024
Coinbase, alongside Ripple, contributed $100M in political donations, raising concerns over the influence such a large sum may have on supporting authoritarian policies and undermining democratic processes.
-70
Political Contributions and Lobbying Efforts
March 22
The significant $100M political donation made by Coinbase is perceived as a strategic move that could strengthen pro-authoritarian agendas. From a left-leaning, anti-fascist perspective, such contributions may facilitate undue corporate influence on political processes and elections, thereby undermining democratic governance.
Coinbase and Ripple Made $100M Political Donations: Will It Influence US Elections?
- JUN032024
Coinbase made a $25M donation to the pro-crypto super PAC Fairshake and its CEO publicly urged voters to elect candidates sympathetic to crypto interests. This political contribution and executive political engagement demonstrate the company’s strategic use of financial power and public endorsements to shape regulatory environments, raising concerns about corporate influence over democratic processes.
-40
Political Contributions and Lobbying Efforts
March 22
Coinbase's $25M donation to a pro-crypto super PAC represents a deliberate use of corporate funds to influence political outcomes and regulatory policies. This action, aimed at unseating candidates perceived as anti-crypto, undermines democratic accountability by prioritizing corporate benefits over public interest.
Coinbase CEO says company has donated $25M to vote anti-crypto politicians out of Congress
-30
Executive Political Engagement
March 22
The CEO’s public call to elect candidates aligned with the crypto industry agenda is a clear instance of executive political engagement. By mobilizing voter support for candidates who uphold the company’s interests, Coinbase further blurs the lines between corporate objectives and democratic processes, contributing to the broader pattern of corporate interference in politics.
Coinbase CEO says company has donated $25M to vote anti-crypto politicians out of Congress
- DEC312023
At the end of 2023, Coinbase significantly expanded its lobbying operations by spending nearly $2.9 million on multiple lobbying firms and hiring professionals from both sides of the aisle. This move is seen as an effort to shape crypto legislation, raising concerns about the company's influence on democratic policymaking from an anti-fascist perspective.
-40
Political Contributions and Lobbying Efforts
March 22
Coinbase's aggressive lobbying efforts, including a nearly $2.9 million spend and the hiring of multiple prominent lobbying firms, suggest an increased reliance on political influence to shape regulatory outcomes. From an anti-fascist standpoint, this kind of corporate-political entanglement can undermine democratic accountability and give rise to authoritarian policy environments.
- OCT102023
Coinbase Global, Inc. has introduced a comprehensive Vendor Code of Conduct that establishes strict ethical standards, labor protections, and adherence to trade laws for its vendors. This policy is designed to ensure transparency, combat corruption, and safeguard human rights, contributing positively toward reducing corporate complicity in practices that can facilitate authoritarianism.
+80
Business Practices and Ethical Responsibility
March 22
The Vendor Code of Conduct reinforces strong ethical business practices by mandating strict anti-corruption measures, compliance with trade laws, and full transparency in vendor engagements. By holding vendors to high ethical standards, Coinbase minimizes its risk of indirectly supporting oppressive regimes or authoritarian practices.
+75
Labor Relations and Human Rights Practices
March 22
The code underscores strong labor rights by requiring non-discriminatory employment policies, safe working conditions, and adherence to fair labor standards among vendors. This commitment to protecting worker rights aligns with anti-fascist labor ethics and reduces the risk of worker exploitation.
Alternatives
Corporation
-26.97
San Jose, United States
-24.45
Corporation
6.71
Corporation
-68.09
New York, United States
68.79
New York, United States
13.57
San Francisco, United States
8.36
Monroe, United States
0.00
San Mateo, United States
-7.30
New York City, United States
-8.25
Industries
- 518210
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- 523999
- Miscellaneous Financial Investment Activities
- 541511
- Custom Computer Programming Services