Cryptocurrency exchange Coinbase provides users with information about the position of politicians on cryptocurrencies

The U.S. exchange will inform users of the app about what position members of the U.S. Congress take on cryptocurrency issues.

Yesterday, Sept. 14, Coinbase co-founder and CEO Brian Armstrong announced plans for the company to begin integrating cryptocurrency policy into its app. 

According to the CEO, this will help his more than 100 million verified customers know what stance local and non-local politicians take when the controversy comes to cryptocurrencies.

Specifically, Coinbase will use a scorecard compiled by the Crypto Action Network, which rates each member of Congress on their stance on cryptocurrencies based on their public statements and actions regarding cryptocurrency policy. The grading system ranges from "A" to "F."

In short, now it's not just high school and college students who will be afraid of getting bad grades. He also reported on the company's plans to expand geographic coverage and add relevant data to candidates running for office profiles.

As Brian further stated, this system will help pro-crypto candidates accept donations.

"Cryptopropaganda is very important to our mission to increase economic freedom in the world. Coinbase will do everything it can to help. But the cryptocurrency community is much larger than Coinbase. Hopefully, we can all come together to engage elected leaders and promote smart policy," from a statement by Coinbase CEO Brian Armstrong.

And by the way, if you want to follow coins and the market instead of politicians' statements, download Moni.