Is Kamala Harris Now A Pro-Crypto Like Trump? Coinbase CFO Reveals Crypto Donations

As a seasoned analyst with over two decades of experience in the financial sector, I have witnessed the evolution of digital assets from a niche interest to a mainstream investment option. The recent move by Kamala Harris to accept crypto donations through Coinbase is a significant step forward for the political landscape and a testament to the growing acceptance of cryptocurrencies as a legitimate form of financial support.


The decision by Democratic presidential nominee Kamala Harris to accept cryptocurrency donations has sparked speculation among some, suggesting she may now hold similar views on crypto as her Republican counterpart Donald Trump. On Wednesday, it was revealed that Harris is now accepting digital currency donations via the American cryptocurrency platform Coinbase

Kamala Harris Follows Trump’s Crypto Path

At the 2024 Global TMT Conference in New York, Haas shared this information during a conversation with Peter Christiansen, Citigroup’s Payments Director, as reported by Fortune. This new revelation could be a significant shift for Vice President Kamala Harris and potentially boost her votes in the upcoming election, according to recent polls that show she already has favorable winning odds

As a crypto investor, I’ve noticed that by embracing virtual asset donations, Harris is mirroring Trump’s move who kick-started his cryptocurrency donation campaign even before President Joe Biden officially left the race. Starting in May, this 78-year-old politician’s crypto donations encompass a variety of digital currencies such as Bitcoin (BTC), Ethereum (ETH), XRP, USDC, among others. This forward-thinking approach has made it simpler for influential figures within the cryptocurrency sphere to express their backing towards Trump

By the close of Q2 2024, he had amassed over $4 million in digital assets. The majority of these donations originated from Cameron and Tyler Winklevoss, co-founders of Gemini, Jesse Powell, CEO and founder of Kraken, Stuart Alderoty, Chief Legal Officer at Ripple, and Ryan Selkis, former CEO of Messari

Is Coinbase Pro-Harris?

As Coinbase increasingly associates itself with Kamala Harris’ crypto donations, it lends credibility to rumors that they may endorse her campaign. In a recent development on Tuesday, Coinbase Chief Legal Officer Paul Grewal subtly suggested that the company may lean towards supporting either of the political candidates

In reference to an individual within the current government who’s been critical of cryptocurrency, Grewal was cautious when discussing Harris. He suggested that her team is exhibiting growing interest in the industry. The Coinbase executive hinted that they are contemplating a fresh perspective on how cryptocurrency and digital assets could manifest under a potential presidency of Harris

Without delay, the crypto community could soon learn Coinbase’s position on the Democratic National Committee (DNC) candidate’s cryptocurrency donation approach following a public declaration

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2024-09-05 00:20