Kamala Harris Allegedly Started Taking Cryptocurrency Donations – Could Be a Turning Point

Coinbase Chief Monetary Officer Alesia Haas in the present day introduced that US Vice President and Democratic presidential candidate Kamala Harris is utilizing the corporate’s Commerce platform to just accept crypto donations for her marketing campaign.

The revelation got here throughout a dialog with Citigroup’s funds director Peter Christiansen on the 2024 World TMT Convention in New York, in line with a recording reviewed by Fortune.

The announcement follows stories in August that Coinbase was in talks with the Harris marketing campaign, though Harris’ group has but to reply to requests for remark, elevating questions concerning the scope of the partnership.

Traditionally, the Democratic Get together underneath President Joe Biden has been much less open to crypto than Republicans. Nevertheless, current lobbying efforts point out a doable shift in that place. Haas famous that Harris accepting crypto donations represents a major growth, saying, “She is presently utilizing Coinbase Commerce to just accept crypto for her personal marketing campaign.”

Regardless of Haas’ claims, advocacy group Crypto4Harris has acknowledged that it’s not conscious of any official crypto integration with Harris’ marketing campaign. Harris’ official fundraising web site presently reveals no crypto donation choices. In June, Future Ahead, an excellent PAC, introduced it had raised $50 million to assist Harris, however no particulars got about cryptocurrency involvement.

Haas expressed cautious optimism about Harris’ position in shaping crypto laws, however particulars stay scarce. In the meantime, Coinbase CEO Brian Armstrong has reportedly confirmed that the corporate has not donated on to a presidential marketing campaign.

*This isn’t funding recommendation.