Presidential hopeful Donald Trump is making headlines once again by announcing that his campaign will now be accepting donations in various cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, XRP, Solana, and meme coin Shiba Inu. This move comes as the 2024 US election approaches, with Trump accusing Democrats of infringing on Americans’ financial freedom by taking a critical stance on digital assets.
In a press release, the Trump campaign specifically calls out Democrat Senator Elizabeth Warren for her reported creation of an “anti-crypto army” aimed at restricting Americans’ right to make their own financial choices. The campaign is now allowing federally permissible donors to give through its joint fundraising committees using Coinbase Commerce’s cryptocurrency payment option. This new fundraising page opens up the opportunity for supporters to contribute using their preferred crypto assets.
Trump’s official campaign website lists the accepted cryptocurrencies, which include popular options like Bitcoin and Ethereum, as well as newer altcoins like Solana and Shiba Inu. This move to accept a wide range of digital assets is seen as an attempt to appeal to the growing crypto community and secure their support for the upcoming election. The campaign aims to build a “crypto army” of MAGA supporters who will help propel Trump to victory on November 5th.
Earlier this month, Trump made headlines again when he announced that he is now “fine” with digital assets, despite being a former critic of cryptocurrencies. In a meeting with supporters who had purchased his Mugshot Edition non-fungible tokens (NFTs), Trump expressed his support for crypto and criticized individuals like Gary Gensler, Chair of the SEC, and President Joe Biden for their negative views on virtual currencies. This shift in stance towards crypto is expected to appeal to a broader audience and potentially sway more voters in favor of Trump.
To stay updated on the latest news and developments from the Trump campaign, interested individuals can subscribe to email alerts directly from the campaign website. Additionally, followers can stay connected on social media platforms like X, Facebook, and Telegram to receive real-time updates and announcements. With the 2024 US election heating up, the acceptance of cryptocurrencies by the Trump campaign marks a significant step towards engaging with the crypto community and mobilizing support for his presidential bid.
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