Reported 7 months ago
Donald Trump's presidential campaign announced it will start accepting donations in cryptocurrency as part of building a 'crypto army' leading up to Election Day. The campaign will utilize a fundraising page to allow donations in various popular cryptocurrencies, embracing Trump's portrayed support for crypto-assets. The move caters to a youthful male demographic interested in digital assets and coincided with Trump's hush money case. The campaign plans to comply with U.S. election laws regarding crypto-contributions, with the details on handling and selling the received cryptocurrencies yet to be clarified. The Federal Election Commission permits bitcoin donations to political committees, contrasting with some states' laws governing crypto-donations. President Joe Biden's campaign did not comment on accepting cryptocurrency contributions, while independent candidate Robert F. Kennedy Jr.'s presidential campaign already accepts bitcoin donations.
Source: YAHOO