President Biden’s re-election campaign considers crypto donations
President Biden's re-election campaign is reportedly considering accepting bitcoin and crypto donations through Coinbase Commerce, a well-known cryptocurrency payment system. This development follows Donald Trump's decision to enable bitcoin donations to his own campaign.
Strategy to address crypto-affine voters
Sources suggest that the Biden campaign is considering this option to appeal to Bitcoin and crypto-savvy voters ahead of the 2024 election. Despite opposition from some industry figures who point to the Biden administration's crypto-critical stance to date, the move aims to project a more crypto-friendly image.
Mark Cuban warns of Trump's lead among crypto holders
Mark Cuban, a well-known entrepreneur, suggested that Biden's perceived indifference to crypto could increase Trump's chances of winning the election. Recent polls show that Trump has a significant lead among crypto holders. Although the Biden campaign has not officially confirmed these reports, the growing importance of Bitcoin in political strategies is becoming clear. Both parties now recognize the need to attract Bitcoin supporters in the run-up to the election.