According to sources familiar with the matter, the campaign team of US President Joe Biden is in discussions with participants in the cryptocurrency industry to accept cryptocurrency donations through Coinbase Commerce. Coinbase Commerce is a payment service that allows merchants to accept dozens of cryptocurrencies and has already provided cryptocurrency donations to the campaign team of Republican candidate Donald Trump, who began accepting digital currency donations last month. The discussions are seen as the latest effort by Biden’s campaign team to explore how to attract cryptocurrency supporters before the election. One source told The Block that the Biden team may be seeking sponsorship from cryptocurrency supporters with ample funds. A source working with political figures and industry leaders said, “They are focusing on issues in the cryptocurrency industry and trying to find a quick way to show their support for the industry. They want to show that they are not enemies.”
Tags
Coinbase Commerce
Cryptocurrency
Election
Biden
Trump
Source Link: https://www.theblock.co/post/299851/biden-campaign-in-talks-to-accept-crypto-d…