Biden campaign in talks to accept crypto donations through Coinbase Commerce
According to insiders, the Joe Biden campaign team is discussing accepting cryptocurrency donations through Coinbase Commerce. Coinbase Commerce is a payment service that allows merchants to accept dozens of cryptocurrencies and has already provided cryptocurrency donations to Donald Trump's Republican campaign team, which began accepting digital currency donations last month. The discussion is said to be the latest effort by the Biden campaign team to attract cryptocurrency supporters before the election. One insider, who requested anonymity due to the sensitivity of the discussion, told The Block that the Biden team may be seeking sponsorship from wealthy cryptocurrency supporters. Another insider who works with politicians and leaders in the cryptocurrency industry said, "They are paying attention to the issues of the cryptocurrency industry and trying to find a quick way to show their support for the industry. They want to show that they are not enemies."
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