President Joe Biden's re-election campaign is reportedly considering accepting crypto donations through Coinbase. This news drew mixed reactions from the crypto community, mainly because of the irony behind it. ๐ค
Previously, the Biden Administration through the U.S. The Securities and Exchange Commission sued Coinbase in June 2023 for offering unregistered securities. "So, the Biden administration and the SEC spent years trying to suppress crypto and even sued Coinbase...But now, they're trying hard to accept crypto donations through Coinbase?" said Crypto Capital Venture founder Dan Gambardello.
Meanwhile, Ethereum educator Anthony Sassano called it a โClown Worldโ considering Biden wants to accept crypto donations but โhis SEC friends are suing the biggest crypto companies in the US (Coinbase, Kraken, Uniswap Labs).โ
What do you think about this? Come on, share in the comments column! ๐