*Trump Now Accepts Bitcoin Donations, Making Good on Crypto Promise*
Former President Donald Trump, seeking a second term, now accepts cryptocurrency donations through his official website powered by Coinbase. This move is significant as it is the first by a major party Presidential nominee. Trump's campaign accepts various cryptocurrencies beyond popular ones like Bitcoin and Ethereum, including meme coins like Shiba Inu and XRP. Despite past skepticism, Trump has embraced crypto, launching NFTs in 2022 and recently expressing support. His stance is impacting the digital asset market, potentially influencing SEC approval for spot Ethereum ETFs.
Donald J. Trump's presidential campaign now accepts crypto donations, marking him as the first major party candidate to do so. Trump aims to gather a "crypto army" in response to Senator Elizabeth Warren's anti-crypto stance. The move contrasts with Joe Biden's administration's negative view on crypto, potentially influencing Democrats' approach to upcoming crypto legislation.
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