In his bid for a second term, former United States President Donald Trump announced Tuesday that he is now accepting cryptocurrency payments via his official website. According to a press release, the crypto donations feature is powered by crypto exchange Coinbase.”This addition to President Trump’s already groundbreaking digital fundraising campaign marks the first time a major party Presidential nominee has embraced cryptocurrency for donations,” it reads.While At an event for holders of his NFT project, Trump said earlier this month that he’s “good” with crypto now, despite previously speaking out against Bitcoin. In 2021, for example, he said that Bitcoin “Trump, however, has become progressively involved in digital assets. Trump Trading Cards, Trump’s vocalized support for crypto could be influencing the digital asset market in other ways too. As analysts speak of “As our President, Donald J. Trump has reduced regulations and championed innovation in financial technology, while Democrats, like Biden and his official surrogate Elizabeth Warren, continue to believe only government has the answers to how our nation leads the world,” Trump’s press release reads.Meanwhile, a Solana-based After completing the necessary requirements on Trump’s website, users are directed to a Coinbase Commerce page that includes options for MetaMask and Coinbase Wallet among other self-custodial wallets.You can now support the first pro-crypto major presidential candidate, President Trump…with crypto.Liz had an army. We have a hulk. pic.twitter.com/LzG1xbyUva— Ryan Selkis (d/acc) (@twobitidiot) May 21, 2024As Trump’s crypto push materializes, a politically connected crypto executive suggested that crypto skeptics on Capitol Hill, such as Elizabeth Warren (D-MA), would feel the pressure. “Liz had an army. We have a hulk,” said Messari CEO Ryan Selkis, who also spoke at Trump’s recent Mar-a-Lago event. Editor’s note: This story was updated after publication with additional details.
