Donald Trump makes crypto first in bid for donations
7 months ago

Donald Trump makes crypto first in bid for donations

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Donald Trump 's presidential campaign will accept donations in cryptocurrency in a first for a major party candidate. The Trump campaign launched a fundraising page that allows “any federally permissible donor the ability to give" to its political committees using any crypto asset accepted through the Coinbase cryptocurrency exchange. Former US President Donald Trump speaks to the press alongside his attorney Todd Blanche at the end of the day at his hush money criminal trial at New York State Supreme Court in New York It’s not clear whether the Trump campaign will hold onto the crypto or will immediately sell it, and what sort of fees it may pay to liquidate. While some states don’t allow cryptocurrency donations in state races under existing campaign finance laws, the Federal Election Commission does allow committees to receive bitcoin as contributions.

History of this topic

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