Coinbase Global

Delaware
Software and Services

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Coinbase, a cryptocurrency trading platform, banned the CEO of Gab (a free speech platform) from its services. Coinbase also restricts purchases of firearms using its debit card. Coinbase scored a 70 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Coinbase increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, and philanthropic support. Coinbase does not provide viewpoint protections for its employees. Coinbase has pledged $500,000 to the Black Lives Matter movement and related causes. However, it has not used its reputation or PAC contributions for ideological purposes. For these reasons, Coinbase receives a High Risk rating.

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