2024

Donald Trump

Biden

Joe Biden

<a href="https://bitcoinworld.co.in/joe-bidens-campaign-is-considering-accepting-crypto-donations-like-donald-trump/" title="Joe Biden’s Campaign Is Considering Accepting Crypto Donations Like Donald Trump" rel="noopener noreferrer nofollow"></a>
In a bid to project a friendlier attitude towards a growing demographic, President Joe Biden is reportedly considering accepting political <a href="https://bitcoinworld.co.in/donald-trump-becomes-first-major-party-candidate-to-accept-crypto-donations/" rel="noopener noreferrer nofollow">donations</a> in crypto.
Ahead of the all-important presidential election, President Biden’s campaign is considering accepting crypto donations using the services of cryptocurrency exchange Coinbase.
Coinbase Commerce, a service enabling merchants to accept various cryptocurrencies, already facilitates crypto donations for presumptive Republican candidate Donald Trump. His campaign started accepting digital currency contributions last month.
The Biden campaign’s talks are part of efforts to engage crypto-focused voters ahead of an election that experts believe will be closely contested.
Pro-cryptocurrency donors have been mobilizing, with crypto-backed super PACs raising a $100 million war chest, according to Public Citizen.
The potential acceptance of cryptocurrency donations by Biden’s campaign comes at a critical time.&nbsp;
Last week, Biden vetoed a bipartisan bill aimed at overturning the SEC’s crypto custody rules. This decision was met with criticism from the crypto community, which saw it as a hindrance to the industry’s growth in the U.S.
Billionaire Mark Cuban recently suggested that cryptocurrency could play a pivotal role in the 2024 election, potentially tipping the scales in favor of Trump.&nbsp;
Over the last month, Trump’s campaign has taken a drastic pro-cryptocurrency pivot, a departure from his earlier positions.
According to the decentralized prediction platform <a href="https://polymarket.com/event/presidential-election-winner-2024?tid=1718245342713" rel="noopener noreferrer nofollow">PolyMarket</a>, Trump has a 56% chance of winning the elections against Biden’s 35%.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Joe Biden’s Campaign Is Considering Accepting Crypto Donations Like Donald Trump

ItsBitcoinWorld

Other articles published on Jun 13, 2024

ZkSync Faces Backlash From Crypto Community Amid Token Airdrop Controversy

Best Crypto Presales In June: Projects Destined For Explosive Gains

Bitcoin Swings as Fed Holds Rates, Inflation Worries Linger

Fortune 100 Companies Increase Blockchain Projects by 39% in 2024

Bitcoin Whales Amass After Price Drop

Coinbase Report: Fortune 100 On-Chain Innovation – Part 2

Join our free newsletter for daily crypto updates!