Insiders: Biden's campaign team is discussing with industry professionals about accepting cryptocurrency donations through Coinbase Commerce

2024-06-13 08:05:57

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ChainCatcher news, citing sources from The Block, reports that President Biden's campaign team is in discussions with cryptocurrency insiders about accepting cryptocurrency donations through Coinbase Commerce. Coinbase Commerce allows merchants to accept payments in dozens of cryptocurrencies.

Just a few weeks ago, Trump began accepting cryptocurrency donations via Coinbase Commerce. It is reported that Biden's campaign team has increased its engagement with the crypto community in recent weeks, following Trump's attention-grabbing stance in support of cryptocurrencies.

A source indicated that individuals close to Biden specifically told the Biden team that remaining silent on cryptocurrency issues could lead to losing the election. He emphasized that negotiations regarding Biden's camp accepting cryptocurrency donations are still "exploratory."

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