In what comes as a surprising twist of events, the anti-crypto brigade’s Kamala Harris is accepting cryptocurrency donations for her presidential campaign. Alesia Haas, Coinbase’s Chief Financial Officer, made the claims in a recent Fortune report.
The revelation came during a discussion at Citi’s 2024 Global TMT Conference and has captured the attention of degens and normies all the same.
Crypto’s Impact on Harris’s Campaign
The Democratic Party has always held an anti-crypto stance, a sentiment that was clear as crystal in Biden’s administration’s approach in the 2020-2024 term. A few weeks ago, reports of Harris’s team approaching crypto industry leaders to better understand cryptocurrency emerged, and this report confirms them.
Haas’s statement suggests a shift in Kamala Harris’s campaign to a crypto-friendly stance to attract degen voters. She also mentioned that Harris’s official super PAC, Future Forward, has joined Coinbase Commerce.
Cause for Crypto Acceptance
During the election season, the crypto community, especially the Crypto Super PAC, made their influence known by ensuring the victory of crypto-friendly candidates. The increasing lobbying and potential policy shifts show a new wave of acceptance for digital currencies.
Crypto4Harris, the cryptocurrency advocacy group, raised questions about Kamala Harris’s move as her official fundraising platform does not reflect the Coinbase integration for crypto donations.
Haas expressed cautious optimism about Harris’s potential to favor lenient and clear crypto-friendly policies. She also mentioned that Coinbase’s financial support has made a notable impact, leading to the PAC winning 32 out of 34 races it participated in.
While Kamala Harris has not yet laid out detailed plans, her interest in crypto gives the community hope for reforms in crypto policy. However, the degen majority is still skeptical of Harris’s approach to crypto, calling it a ruse to win the 2024 Presidential elections.
Also Read: Ripple & SEC Reach Temporary Stay Agreement in XRP Case
Source: https://www.cryptonewsz.com/kamala-harris-accept-crypto-donation-coinbase/