President Biden’s re-election campaign is allegedly in talks to accept Bitcoin and crypto donations, according to reports. This move comes after rival Donald Trump opened up Bitcoin contributions for his campaign.
JUST IN: 🇺🇸 Joe Biden’s campaign is in talks to accept crypto donations through Coinbase Commerce, The Block reports. pic.twitter.com/lvS3dyasgq
— Bitcoin Magazine (@BitcoinMagazine) June 12, 2024
Sources claim Biden’s team is discussing accepting crypto donations via Coinbase Commerce. The payment service enables contributions to Trump’s campaign.
The Biden campaign’s outreach is reportedly an effort to appeal to Bitcoin and crypto-focused voters ahead of the hotly contested 2024 election.
However, the news sparked a backlash from some industry figures. Critics argued it was hypocritical given the Biden administration’s hostile stance toward the industry, including a recent veto of bipartisan crypto legislation.
Sources say Biden’s team wants to signal
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