Coin Center Shifts Strategy With In-House Lobbying Expansion
Coin Center reported $120,000 in lobbying expenditures in a second-quarter 2026 lobbying disclosure filed July 16 continuing the cryptocurrency policy nonprofit's shift toward an in-house lobbying model. Director of Policy Jason Somensatto remains the organization's sole registered lobbyist, leading its advocacy on Capitol Hill.
The filing reflects Coin Center's continued reliance on internal lobbying after previously dividing its advocacy between outside firms and in-house staff. Through the first half of 2026, the organization has maintained the same quarterly spending level while focusing on cryptocurrency policy issues involving financial services, banking, taxation and civil liberties.
Why It Matters
Coin Center's lobbying disclosures indicate the organization is continuing to prioritize direct engagement with Congress and federal policymakers on cryptocurrency regulation. The nonprofit has supported legislation intended to clarify the regulatory treatment of blockchain developers and cryptocurrency service providers, including proposals that would exempt software developers and noncustodial service providers from certain money transmission requirements.
By the Numbers
Coin Center has reported approximately $540,000 in lobbying expenditures across its lobbying filings over the past year, reflecting sustained investment in federal advocacy on digital asset policy.
The organization's lobbying strategy has evolved in recent quarters. During 2025, Coin Center filed lobbying disclosures through the Sternhell Group at $80,000 per quarter while also reporting $90,000 per quarter in in-house lobbying expenditures. Beginning in the fourth-quarter of 2025, the organization's in-house lobbying expenditures increased to $120,000 per quarter, a level it has maintained through the second-quarter of 2026.
Somensatto is the sole in-house lobbyist listed on the organization's filings. According to his lobbyist registration, he has no prior government employment. His lobbying disclosures cover issues including financial institutions and investments, banking, science and technology, taxation, and civil rights and civil liberties.
The Bottom Line
Coin Center has maintained its in-house lobbying strategy through the second-quarter of 2026 while continuing to devote significant resources to federal cryptocurrency policy. Although the organization's latest filing does not identify specific legislation, it reflects an ongoing focus on shaping the regulatory framework governing digital assets and blockchain technology.
Access the Legis1 platform for comprehensive political news, data, and insights.
Spot something wrong? Report an issue with this article