Donald Trump Set To Accept Bitcoin, Shiba Inu As Campaign Donation

Towards the beginning of May, Trump made known his support for the digital currency space, he mentioned that his mission would acknowledge crypto donations hence.

According to his statement: “If you like crypto in any form….if you’re in favor of crypto you’d better vote Trump,”

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On Tuesday, Trump’s presidential campaign became the first campaign to acknowledge cryptocurrency donation which significantly means a drum of support for the crypto business.

This addition to President Trump’s already groundbreaking digital fundraising operation marks the first time a major party Presidential nominee has embraced cryptocurrency donation.

The fundraising pledge’s exertion follows Federal Election Commission guidelines and is said to permit any digital currency that is presently acknowledged in the Coinbase Business product from Coinbase Worldwide.

Some of the major cryptocurrencies on the list are:

  • Bitcoin
  • Ethereum
  • Solana
  • Tether
  • XRP
  • Dogecoin
  • Solana
  • Shiba Inu
  • Avalanche

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Other Candidate

The transition to acknowledge digital currency donation for his electoral mission comes as his rival in the 2024 political poll Robert F. Kennedy Jr. has acknowledged Bitcoin for a really long time.

Trump’s ability to win the support of the world of cryptocurrency comes as President Joe Biden and a few critical Majority leader pioneers in Congress have been perceived as hostile to crypto in their policies.

According to the statement “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 mentioned that Representative Elizabeth Warren (D-Mass.) is building a “hostile to crypto armed force.”

“MAGA allies, presently with a formed digital currency option, will create a crypto armed force that will move Trump to Victory come November fifth!”

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Meet Daniel Abang: Crypto guru, content creator, and analyst. With a deep understanding of blockchain, he simplifies complex concepts, guiding audiences through the ever-changing crypto landscape. Trusted for his insightful analysis, Daniel is the go-to source for staying informed and empowered in the world of cryptocurrency.