ChainCatcher reported that the number of supporters of Stand with Crypto, an encryption advocacy organization initiated by Coinbase, has exceeded 1 million.

Coinbase CEO Brian Armstrong said in a statement on social media platform X on Wednesday that as of today, 1 million people have joined the initiative. "This is a lot of voters. After the White House issued a veto threat, 600,000 of these advocates joined, and thousands mobilized around the back-to-back historic bipartisan victories in the House and Senate. Cryptocurrency is nonpartisan, and the momentum for US support for cryptocurrency policy has never been so strong."