Claim BonusIs Kamala Harris Now A Pro-Crypto Like Trump? Coinbase CFO Reveals Crypto Donations
Highlights
- Vice President Kamala Harris has started accepting crypto donations
- The Presidential candidate tapped Coinbase for this collection
- Crypto remains a key battleground for Donald Trump and Harris
A crypto move from DNC presidential candidate Kamala Harris, has left many wondering if she is now pro-crypto like her Republican opponent Donald Trump. On Wednesday, Coinbase’s Chief Financial Officer Alesia Haas announced that the politician is now receiving crypto donations through the American cryptocurrency exchange.
Kamala Harris Follows Trump’s Crypto Path
As reported by Fortune, Haas disclosed this information in a discussion with Citigroup’s payments Director Peter Christiansen at the 2024 Global TMT Conference in New York. This latest development is a crucial pivot for Kamala Harris and could strengthen her ballot box count in the upcoming election. According to recent polls, the winning odds are already in favor of the United States Vice President.
By accepting virtual asset donations, Harris is following in the footstep of Trump who launched his crypto donation campaign before President Joe Biden dropped out of the race. Active since May, the 78-year-old politician’s crypto donations features Bitcoin (BTC), Ethereum (ETH), XRP, USDC and other digital currencies. This proactive stance made it easier for several crypto heavyweights to show their support to Trump.
Towards the end of Q2, 2024, he had received more than $4 million in digital assets. Most of the donations came from Cameron and Tyler Winklevoss, Gemini co-founder, Kraken CEO and Founder Jesse Powell, Ripple CLO Stuart Alderoty and former Messari CEO Ryan Selkis.
Is Coinbase Pro-Harris?
Coinbase’s involvement in the Kamala Harris crypto donations move is gradually giving credence to speculations that the exchange will give its support to her. On Tuesday, the exchange’s CLO Paul Grewal hinted at the likely disposition of the company toward the two political candidates.
For someone who is a significant part of the current administration that is keen on stifling crypto activities, Grewal was conservative when speaking about Harris. He claimed that her campaign team are now showing more interest in the industry. The Coinbase executive highlighted that they are even considering a new approach to what crypto and digital assets might look like under a potential Harris administration.
With a public announcement about the DNC candidate’s crypto donation strategy, the crypto community may not have to wait long for Coinbase to reveal its stance.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Strategy CEO Phong Le Unveils Plan to Address MSTR Stock Volatility, Boost BTC Buys
- Cardano Founder Sets March Launch for Midnight as Expert Predicts BTC Shift to Privacy Coins
- U.S. Government Shutdown Odds Hit 84%, Will Bitcoin Crash Again?
- Wall Street Giant Citi Shifts Fed Rate Cut Forecast To April After Strong U.S. Jobs Report
- XRP Community Day: Ripple CEO on XRP as the ‘North Star,’ CLARITY Act and Trillion-Dollar Crypto Company
- Ethereum Price at Risk of a 30% Crash as Futures Open Interest Dive During the Crypto Winter
- Ethereum Price Prediction Ahead of Roadmap Upgrades and Hegota Launch
- BTC Price Prediction Ahead of US Jobs Report, CPI Data and U.S. Government Shutdown
- Ripple Price Prediction As Goldman Sachs Discloses Crypto Exposure Including XRP
- Bitcoin Price Analysis Ahead of US NFP Data, Inflation Report, White House Crypto Summit
- Ethereum Price Outlook As Vitalik Dumps ETH While Wall Street Accumulates
