Coinspeaker
Biden Administration Prepares to Accept Crypto Donations, Faces Backlash from Community
Following the footsteps of Donald Trump, the Biden administration is also mulling accepting crypto donations via Coinbase Commerce, said sources familiar with the matter.
Payments service Coinbase Commerce allows merchants to accept dozens of different cryptocurrencies. The service provider already powers cryptocurrency donations to the campaign of Republican presidential candidate Donald Trump. As we know, Trump has already started accepting crypto donations since the last month.
As we know, the Biden administration has been taking several steps to woo the crypto community. Their latest campaign efforts hint at attracting crypto-focused voters ahead of the Presidential Elections 2024, later this year.
Additionally, according to one source speaking to The Block, Biden’s team may be considering bolstering its financial resources with contributions from wealthy pro-crypto do
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