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Home CRYPTO

Donald Trump Accepting Bitcoin and Crypto Donations for 2024 Presidential Campaign

by Sham
May 21, 2024
in CRYPTO, POLITICS
Reading Time: 2 mins read
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• Trump now accepts Bitcoin, Ethereum, Dogecoin, Solana, and other cryptocurrencies as donations on his official website, powered by Coinbase
• This makes Trump the first major party Presidential nominee to embrace cryptocurrency for donations
• Trump had previously spoken out against Bitcoin but said he’s “good with crypto now” at a recent event for his NFT holders

Former United States President Donald Trump has announced that he is now accepting cryptocurrency donations on his official website. This marks the first time a major party presidential nominee has embraced cryptocurrencies for political fundraising.

JUST IN: 🇺🇸 Donald Trump is now accepting #Bitcoin and crypto donations for his presidential campaign pic.twitter.com/rD6iCeQIr2

— BlockNews.com (@blocknewsdotcom) May 21, 2024

Trump Accepts Crypto Donations via Coinbase

According to a press release, the crypto donation feature is powered by Coinbase. Trump is accepting popular cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and Solana. At a recent event for his NFT project, Trump said he’s now supportive of crypto, despite previously speaking out against Bitcoin.

Trump’s Growing Embrace of Crypto

The addition of crypto donations aligns with Trump’s “groundbreaking digital fundraising campaign,” according to the announcement. Earlier this month, Trump was impressed by NFT holders at his Mar-a-Lago resort, which seems to have warmed him up to the crypto industry.

Conclusion

Donald Trump’s acceptance of crypto donations represents a major milestone. This shows the growing mainstream acceptance of cryptocurrencies and blockchain technology. Trump’s fundraising could introduce crypto to his broad supporter base, potentially catalyzing further adoption.

Tags: BitcoinCoinbasecryptoDonald Trumpethereum
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