OpenSecrets data shows that cryptocurrency companies will spend a record $21.55 million in lobbying in Washington in 2022, with Coinbase topping the list with $3.4 million. Among them, the total lobbying expenditure of encryption companies in 2022 is more than twice that of 2021 (8.29 million US dollars), and Coinbase spends about 3.4 million US dollars, followed by Blockchain Association, Crypto.com, Binance and Ripple, with related expenditures of about 1.9 million US dollars respectively. $1.2 million, $1.1 million, and $1 million, plus campaign contributions, election funds, or political contributions do not count as lobbying expenses.