Cryptocurrency

Donald Trump

Change

Gains

<ul>
 <li>Kamala Harris' campaign is now accepting cryptocurrency donations via Coinbase Commerce.</li>  
 <li>The Democratic Party is showing signs of shifting its stance on crypto.</li>  
 <li>Both Harris and Trump are actively engaging the crypto community ahead of the 2024 election.</li> 
</ul>  
<p>Alesia Haas, Coinbase's CFO, announced at a New York conference that Kamala Harris is now accepting crypto donations via <a href="https://www.coinbase.com/commerce" target="_blank" rel="noopener noreferrer nofollow">Coinbase Commerce</a>. The platform, launched in 2018, allows merchants to handle crypto transactions. It marks a key step in using cryptocurrency for political campaign funding.</p>  
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<h2 class="wp-block-heading" id="h-change-in-the-democratic-party-s-strategy-nbsp"><strong>Change in the Democratic Party's Strategy&nbsp;</strong></h2>  
<p>The decision follows continuous talks within the Democratic Party regarding a possible change in its position on cryptocurrencies. In the past, President Joe Biden's party has been <a href="https://cryptonewsland.com/democratic-party-platform-fails-to-address-crypto-leaving-voters-questioning-their-stance/" target="_blank" rel="noopener noreferrer nofollow">cautious</a> towards cryptocurrency, in contrast to the Republican party's more favorable stance.&nbsp;</p>  
<p>The growing lobbying from the crypto sector might be shaping a fresh outlook among Democratic leaders. Haas observed that Coinbase has greatly raised its policy expenditures, which she thinks could create a chance for more defined crypto regulations in the U.S.</p>  
<h2 class="wp-block-heading" id="h-clarification-on-crypto-donations"><strong>Clarification on Crypto Donations</strong></h2>  
<p>Initial confusion arose regarding the exact recipient of these cryptocurrency donations. A spokesperson from Coinbase later explained that the donations were going to the <a href="https://www.futureforwardusa.org/" target="_blank" rel="noopener noreferrer nofollow">Future Forward PAC</a>, which backs the Democratic Party.&nbsp;</p>  
<p>However, despite the confusion, the decision is viewed as a progression towards greater cryptocurrency usage in Democratic political campaigns. Harris' campaign, which had a tense relationship with the crypto industry, is seeking to repair that relationship with this new effort.</p>  
<h2 class="wp-block-heading" id="h-the-growing-influence-of-crypto-in-politics"><strong>The Growing Influence of Crypto in Politics</strong></h2>  
<p>The emergence of the ‘<a href="https://cryptonewsland.com/democrats-launch-crypto-for-harris-advocacy-group-to-support-kamala-harris-campaign/" target="_blank" rel="noopener noreferrer nofollow">Crypto for Harris</a>’ advocacy group indicates the increasing influence of cryptocurrency in American politics.&nbsp;</p>  
<p>Donald Trump has effectively garnered the <a href="https://cryptonewsland.com/trump-takes-7-lead-over-harris-as-bitcoin-spikes-4-on-rfk-exit-rumors/" target="_blank" rel="noopener noreferrer nofollow">support</a> of numerous individuals in the cryptocurrency community. His campaign has made efforts to appeal to voters who disapprove of the Biden administration's more careful stance on cryptocurrencies.&nbsp;</p>  
<p>As the presidential election draws nearer, the use of cryptocurrency donations could have a significant impact on public opinion and campaign tactics.</p> 
<p>The post <a href="https://cryptonewsland.com/cryptocurrency-gains-influence-in-u-s-presidential/" rel="noopener noreferrer nofollow">Cryptocurrency Gains Influence in U.S. Presidential Race as Harris Campaign Embraces Digital Donations</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Cryptocurrency Gains Influence in U.S. Presidential Race as Harris Campaign Embraces Digital Donations

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