{"id":231835,"date":"2024-06-13T13:38:21","date_gmt":"2024-06-13T13:38:21","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/13\/biden-campaign-reportedly-exploring-bitcoin-and-crypto-donations\/"},"modified":"2025-06-25T17:17:13","modified_gmt":"2025-06-25T17:17:13","slug":"biden-campaign-reportedly-exploring-bitcoin-and-crypto-donations","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/13\/biden-campaign-reportedly-exploring-bitcoin-and-crypto-donations\/","title":{"rendered":"Biden Campaign Reportedly Exploring Bitcoin and Crypto Donations"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA3MTIyNDcxMDUxMDc2NjU3\/bdd.jpg\" \/><\/p>\n<p>President Biden&#8217;s re-election campaign is allegedly in talks to accept Bitcoin and crypto donations, according to reports. This move comes after rival <a href=\"https:\/\/bitcoinmagazine.com\/markets\/trump-becomes-first-president-to-accept-bitcoin-lightning-payments-for-campaign-donations#:%7e:text=Trump%20Becomes%20First%20President%20To,News%2C%20Articles%20and%20Expert%20Insights\">Donald Trump opened<\/a> up Bitcoin contributions for his campaign.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: \ud83c\uddfa\ud83c\uddf8 Joe Biden&#039;s campaign is in talks to accept crypto donations through Coinbase Commerce, The Block reports. <a href=\"https:\/\/t.co\/lvS3dyasgq\">pic.twitter.com\/lvS3dyasgq<\/a><\/p>\n<p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1801022891179249845?ref_src=twsrc%5Etfw\">June 12, 2024<\/a><\/p><\/blockquote>\n<p><a href=\"https:\/\/www.theblock.co\/post\/299851\/biden-campaign-in-talks-to-accept-crypto-donations-through-coinbase-commerce-sources\">Sources claim<\/a> Biden&#8217;s team is discussing accepting crypto donations via Coinbase Commerce. The payment service enables contributions to <a href=\"https:\/\/bitcoinmagazine.com\/tags\/donald-trump\">Trump&#8217;s<\/a> campaign.<\/p>\n<p>The <a href=\"https:\/\/bitcoinmagazine.com\/tags\/joe-biden\">Biden<\/a> campaign&#8217;s outreach is reportedly an effort to appeal to Bitcoin and crypto-focused voters ahead of the hotly contested 2024 election.\u00a0<\/p>\n<p>However, the news sparked a backlash from some industry figures. Critics argued it was hypocritical given the Biden administration&#8217;s hostile stance toward the industry, including a <a href=\"https:\/\/bitcoinmagazine.com\/business\/president-joe-biden-will-veto-legislation-allowing-financial-firms-to-custody-bitcoin-white-house\">recent veto of bipartisan crypto legislation<\/a>.<\/p>\n<p>Sources say Biden&#8217;s team wants to signal a friendlier posture on Bitcoin and crypto. With the election expected to come down to razor-thin margins, Bitcoin and crypto voters could prove decisive.\u00a0<\/p>\n<p>Billionaire <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/1790373066108756405\">Mark Cuban suggested<\/a> Biden&#8217;s indifference to crypto could hand Trump the presidency. Recent polls give Trump a double-digit lead among crypto holders.<\/p>\n<p>The Biden campaign did not officially confirm the reports on potential crypto donations. Sources stressed talks are still exploratory as Biden gauges the Bitcoin and crypto landscape.<\/p>\n<p>The engagement nonetheless shows Bitcoin&#8217;s growing influence. Both parties realize appeasing Bitcoin supporters is now necessary, even if symbolic. With potential voters and donors at stake, expect more Bitcoin pandering as November nears.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/biden-campaign-reportedly-exploring-bitcoin-and-crypto-donations\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] President Biden&#8217;s re-election campaign is allegedly in talks to accept Bitcoin and crypto donations, according to reports. This move comes after rival Donald Trump<\/p>\n","protected":false},"author":1,"featured_media":231836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/231835"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=231835"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/231835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/231836"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=231835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=231835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=231835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}