The Crypto Council for Innovation (CCI) reportedly revealed that crypto exchange Gemini has reportedly been added to the list of pro-crypto entities working towards assisting lawmakers on associated regulation.

Specifically, the CCI reportedly revealed that beginning this week, Gemini will reportedly hop aboard with Coinbase, Block, Fidelity Digital Assets, Paradigm, and others, in a bid to “help accelerate [the group’s] growth and global leadership”, as revealed by its Head Sheila Warren.

Gemini’s head of policy and regulatory affairs Ji Kim additionally revealed that the exchange will be collaborating with legislators and regulators, in an effort to help amplify the adoption of crypto throughout the globe.

Established in April last year by Coinbase and Block (formerly Square), the CCI reportedly works towards the goal of opening discussions with authorities and regulatory agencies, regarding the advantages of crypto. 

The group reportedly also organized a virtual event in July last year on Bitcoin (BTC) adoption, dubbed “The ₿ Word”, with the appearance of Tesla CEO Elon Musk and Jack Dorsey.

Warren, the former head of blockchain and distributed ledger technology at the World Economic Forum, reportedly took up the new role as Head of the CCI beginning February 23rd. 

Apart from its attempts with the CCI, Coinbase has reportedly been perceived as among the entities that spent the most in America, lobbying for crypto-friendly legislation in Congress. 

The exchange reportedly ramped up its lobbying expenditures by over 460% from 2020 to 2021, from $230,000 to roughly $1.3 million, respectively.

Prior to becoming a member of the CCI, Gemini did not report any spending on lobbying activities in the U.S. in 2020. Nonetheless, public records through the U.S. Senate report revealed that the exchange declared $120,000 spent in Q3 and Q4 last year, contracted with the Sternhell Group.