he Coinbase CFO, Alesia Haas has recently announced that Kamala Harris has been using Coinbase Commerce in order to receive donations in cryptocurrencies. This move by Harris indicates that she may have become more accepting regarding the crypto industry in the USA.
Campaign Silence Amid Crypto Integration
Although it was reported that Harris has started accepting crypto donations, there has been no public statement from Harris’s party confirming this move. Moreover, her official fundraising site does not mention anything related to crypto donations. However it has Been clear that crypto is taking a very important role for the 2024 elections and is having a significant impact on votes.
Shifting Democratic Stance
It is important to note as well, that the Republican Party has been a lot more vocal and crypto friendly in their policies, with Trump attending the Bitcoin 2024 conference and accepting crypto donations to RFK joining Trump in his campaign who has been very pro crypto for a long time. The democratic party has been a lot more silent on their stance. However we might see things change as elections approaches.
A New Phase of Crypto in Politics
If Harris announces that she will start accepting crypto donations, This could indicate a huge shift in tone and interest by the Democratic Party regarding the crypto sector and their future policies on digital currencies This may bring a change in the political dynamics for the regulation and potentially, the adoption of cryptocurrencies in the US ahead of the 2024 election.
