Source: Bitcoin.com
by Sergio Goschenko
“Coinbase, the largest U.S.-based cryptocurrency exchange, is in the spotlight due to its sponsorship of the 250th Birthday of the U.S. Army Grand Military Parade. The event, which took place in Arlington and Washington, D.C., with the participation of 6,600 soldiers and a plethora of tanks and helicopters, had an estimated cost of $20 million to $45 million. The involvement of Coinbase in this army event raised questions about whether it was suitable for a crypto company to sponsor military exercises, given its nature. The exchange received mixed reactions from the community, ranging from those who saw it positively to those who considered it a disaster and a disgrace.” (06/17/25)