Coinbase becomes member of Internet Association

The Internet Association announced Wednesday that Coinbase has joined the Washington, DC-based organization, which represents leading Internet firms in the US that are dedicated to advancing public policy solutions to enhance and protect Internet freedom, foster innovation and economic growth, and empower users.

“Bitcoin is currency built for the Internet,” said John Collins, head of government affairs at Coinbase, in an Internet Association press release. “As the trusted brand in the bitcoin ecosystem, we are thrilled to join the Internet Association and serve as a voice for the growing community of consumers, merchants and developers building on the bitcoin protocol. Our vision for bitcoin as a free and open, global payments system aligns with IA’s own commitment to online freedom and innovation, and we look forward to furthering that mission as a member.”

Internet Association President and CEO Michael Beckerman said in the release that “Coinbase is a leader in the field of digital currency, and their track-record of expansion and innovation makes them an exciting and welcome addition to the Internet Association. We look forward to working with Coinbase and harnessing their insights about the role of digital currency and online payment systems in our Internet economy.”

In January, Coinbase announced it raised $75 million in Series C financing. Having expanded internationally last year, Coinbase now serves users in 24 nations and most recently launched the first US-regulated Bitcoin exchange.

Coinbase logo courtesy of Coinbase