Top crypto companies in the US are reportedly sending delegations to the Republican National Convention in Milwaukee this week.
Politico reports that officials from Coinbase, Ripple and the venture capital giant Andreessen Horowitz plan to attend the event to promote a pro-crypto legislative and regulatory agenda.
The same companies are also reportedly planning to send representatives to the Democratic National Convention in Chicago next month.
Rep. Dusty Johnson (R-South Dakota) tells Politico that crypto is “clearly an issue that more and more people are interested in.”
As the 2024 presidential campaign has heated up, the Republican Party and its presumptive nominee Donald Trump have increasingly favored the vote for digital assets.
Earlier this month, the Republican National Committee released a new party platform that pledged to support crypto and oppose the creation of a central bank digital currency (CBDC).
Former President Trump, who survived an assassination attempt this weekend, has positioned himself as the crypto-friendly candidate despite previously portraying digital assets as “a disaster waiting to happen.”
His 2024 presidential campaign has also started accepting crypto donations, receiving $2 million worth of Bitcoin (BTC) from Gemini crypto exchange co-founders Tyler and Cameron Winklevoss in June.
In May, a jury found Trump guilty of 34 crimes related to falsifying company records ahead of the 2016 presidential election.
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