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Home»Regulation»Donald Trump Asks for Bitcoin, Ethereum, Dogecoin, and XRP Donations as Crypto Election Cycle Heats Up
$116,000,000 profit missed by the US government by selling Bitcoin Trove in March
Regulation

Donald Trump Asks for Bitcoin, Ethereum, Dogecoin, and XRP Donations as Crypto Election Cycle Heats Up

2024-05-22No Comments2 Mins Read
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Presidential hopeful Donald Trump is asking for donations in Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), XRP and other altcoins as the 2024 US elections approach

In a new press release, the Trump campaign says it will now accept crypto donations for the 2024 elections and accuses Democrats of trampling on Americans’ financial freedom with their critical stance on digital assets.

Trump is specifically targeting Democrat Senator Elizabeth Warren of Massachusetts, who was previously said to be creating an “anti-crypto army” as a means to limit Americans’ financial freedom.

“Today, President Trump’s campaign launched a fundraising page that offers any federally permitted donor the ability – through its joint fundraising committees – to donate money using any cryptocurrency accepted through the Coinbase Commerce product…

Starting today, people who want to make federally permitted donations to the Trump campaign with crypto can do so…

In an attack on cryptocurrency, Elizabeth Warren said she was building an “anti-crypto army” to limit Americans’ right to make their own financial choices. MAGA supporters, now with a new cryptocurrency option, will build a crypto army to lead the campaign to victory on November 5!”

Although reports surfaced that Warren was “building an anti-crypto army,” Warren himself never used those exact words.

According to Trump’s official campaign website, other crypto assets the Republican candidate will accept include Solana (SOL) and meme coin Shiba Inu (SHIB).

Earlier this month, in an effort to galvanize the crypto vote, Trump, a former critic of crypto assets, declared to a group of supporters who bought his Mugshot Edition non-fungible tokens (NFTs) that he was “fine” with digital assets.

See also  Analyst Says Most Aggressive Wave to Surface Is Yet to Come for Bitcoin – But There's a Big Catch

Trump also criticized Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), at the time, saying that he, like current President Joe Biden, is against virtual currencies.

‘I am fine with it [crypto]. I want to make sure it’s good and solid and everything else, but I’m good at it. If you like crypto in any form, and it comes in many different forms, if you are in favor of crypto, you better vote for Trump.”

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