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Trump campaign to accept crypto donations, including dogecoin and shiba inu

Trump campaign to accept crypto donations, including dogecoin and shiba inu

The BlockThe Block2024/05/21 20:22
By:The Block

Quick Take Presumptive Republican presidential nominee Donald Trump announced he will accept political donations in the form of cryptocurrency. It appears from his website the former president’s 2024 campaign will accept cryptocurrencies including bitcoin, ether, solana, dogecoin and shiba inu.

Trump campaign to accept crypto donations, including dogecoin and shiba inu image 0

Donal Trump, the presumptive Republican presidential nominee in this year's upcoming election, announced he would accept political donations in the form of cryptocurrency

According to Trump's website, the former president's campaign will accept cryptocurrencies, including bitcoin, ether, solana, dogecoin and shiba inu.

"President Trump’s campaign has launched a fundraising page that provides any federally permissible donor the ability to give — through its joint fundraising committees — using any cryptocurrency accepted through the Coinbase Commerce product," according to an online statement . "This addition to President Trump’s already groundbreaking digital fundraising operation marks the first time a major party Presidential nominee has embraced cryptocurrency for donations."

As crypto appears to be becoming an increasingly important political issue ahead of this year's presidential election, Trump has tried to position himself as a greater advocate for digital currencies than his opponent, President Joe Biden.

"Trump has reduced regulations and championed innovation in financial technology, while Democrats, like Biden and his official surrogate Elizabeth Warren, continue to believe only government has the answers to how our nation leads the world," the statement also said.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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