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Home CRYPTO

Donald Trump Accepting Bitcoin and Crypto Donations for 2024 Presidential Campaign

Michael Juanico by Michael Juanico
May 21, 2024
in CRYPTO, POLITICS
Reading Time: 2 mins read
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• Trump now accepts Bitcoin, Ethereum, Dogecoin, Solana, and other cryptocurrencies as donations on his official website, powered by Coinbase
• This makes Trump the first major party Presidential nominee to embrace cryptocurrency for donations
• Trump had previously spoken out against Bitcoin but said he’s “good with crypto now” at a recent event for his NFT holders

Former United States President Donald Trump has announced that he is now accepting cryptocurrency donations on his official website. This marks the first time a major party presidential nominee has embraced cryptocurrencies for political fundraising.

JUST IN: 🇺🇸 Donald Trump is now accepting #Bitcoin and crypto donations for his presidential campaign pic.twitter.com/rD6iCeQIr2

— BlockNews.com (@blocknewsdotcom) May 21, 2024

Trump Accepts Crypto Donations via Coinbase

According to a press release, the crypto donation feature is powered by Coinbase. Trump is accepting popular cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and Solana. At a recent event for his NFT project, Trump said he’s now supportive of crypto, despite previously speaking out against Bitcoin.

Trump’s Growing Embrace of Crypto

The addition of crypto donations aligns with Trump’s “groundbreaking digital fundraising campaign,” according to the announcement. Earlier this month, Trump was impressed by NFT holders at his Mar-a-Lago resort, which seems to have warmed him up to the crypto industry.

Conclusion

Donald Trump’s acceptance of crypto donations represents a major milestone. This shows the growing mainstream acceptance of cryptocurrencies and blockchain technology. Trump’s fundraising could introduce crypto to his broad supporter base, potentially catalyzing further adoption.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BitcoinCoinbasecryptoDonald Trumpethereum
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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