November 25, 2024

President Joe Biden’s reelection campaign is considering accepting cryptocurrency donations through Coinbase, a move that has drawn criticism from the crypto community. This decision comes despite the Biden administration’s SEC suing Coinbase last year. Critics, including industry figures like Dan Gambardello and Anthony Sassano, highlight the irony of seeking crypto donations while pursuing regulatory actions against major crypto firms. Meanwhile, Donald Trump continues to build support within the crypto sector, positioning Bitcoin as crucial against government-issued digital currencies. The contrasting approaches underscore the evolving political dynamics surrounding cryptocurrency. Latest crypto news.

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