Trump campaign begins accepting bitcoin

Trump campaign begins accepting bitcoin, ether and other crypto donations

Former President Donald J. Trump’s website says that the presidential candidate now supports crypto donations. According to his campaign website, users can donate fiat or, selecting more options, donate crypto. His campaign supports donations made via Coinbase Wallet and MetaMask, and the donations are made to joint fundraising committees organized by the Trump campaign and the Republican National Committee (RNCH).“Demonstrating President Trump’s success as a champion of American freedom and innovation, we proudly offer you a chance to contribute to the campaign with cryptocurrency,” the site said.Read more: Trump cites merchandise sales in apparent bitcoin U-turnThe site shows the logos for bitcoin, Ripple’s XRP, Ethereum, Dogecoin, Solaba, SHIB and Cardano. Trump promised to allow crypto donations in a speech made earlier this month, which highlighted crypto as a political issue in this year’s presidential race. “This addition to President Trump’s already groundbreaking digital fundraising operation marks the first time a major party Presidential nominee has embraced cryptocurrency for donations,” a statement about the move said.It added that Trump plans to “build a crypto army” ahead of the Nov. 5 election by allowing supporters to donate crypto.Read more: Bitcoin may stay in a ‘consolidation phase’ until US election: NovogratzThe former president is not the only candidate in this presidential race to offer people the chance to donate their crypto. Robert F. Kennedy Jr.’s campaign announced that it would accept bitcoin last May. But the opportunity for politicians to collect donations in more than just cash can be traced back to 2016, when Senator Rand Paul sought bitcoin donations during that year’s presidential election. Presidential candidates Andrew Yang and Eric Salwell also accepted crypto donations back in 2020.Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.