[Coinbase Executive: The Company Is Not Concerned About Competition from Wall Street Due to the Crypto Industry's Reliance on Community Support] According to a report by Jinse Finance, on May 25, Coinbase's Head of European Policy, Katie Harries, stated that the company is not worried about the growing competition from traditional Wall Street financial institutions because the grassroots community support that the crypto industry relies on is something Wall Street cannot replicate. Coinbase noted that its crypto advocacy organization, 'Stand With Crypto,' is the largest crypto industry initiative group in the world, currently boasting 3.7 million members. These members have collectively made over 2.5 million contacts and advocacy efforts directed at lawmakers. However, a recent CoinDesk survey revealed that only 1% of U.S. voters consider cryptocurrency to be their top concern. Coinbase executives believe that the global Stand With Crypto events held during 'Bitcoin Pizza Day' demonstrate that 'crypto voters' have become a lasting political force, and governments worldwide need to expedite the establishment of reasonable and coordinated regulatory frameworks.