Crypto Donations Surge to $190M for the US Election 2024
US Election 2024: The Rise of Crypto Donations
The upcoming US election in 2024 is witnessing an unprecedented wave of crypto donations, totalling an amazing $190M. This remarkable increase surpasses all previous cycles, marking a new chapter in campaign financing.
Major Contributors in the Crypto Landscape
- FTX
- Coinbase
- Ripple
- Gemini
This influx of funds from reputable PACs such as FairShake highlights how crypto executives are strategically backing candidates. Major political figures including Donald Trump and Kamala Harris have shown increased engagement with this financial movement.
The Implications for Political Landscapes
- Transforming traditional campaign financing
- Increasing involvement of tech-savvy donors
- Highlighting the impact of cryptocurrency on US elections
The US election news is buzzing with updates on Trump vs Harris, as both candidates leverage this crypto donation trend to gain momentum.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.