Trump has embraced crypto, courting donors and owning about $3 million in digital assets himself, after saying previously he was “not a fan” of digital currency.
Topline
Former President Donald Trump began accepting cryptocurrency donations Tuesday, his campaign announced, continuing Trump’s embrace of digital currency after he expressed skepticism about the industry during his time as president.Key Facts
Trump’s campaign launched a website where donors can make contributions to his joint fundraising committees via Coinbase, announcing the new portal in a statement declaring he is the first “major party Presidential nominee” to accept digital currency.
Trump announced in May he would accept cryptocurrency donations and he has warmed to the industry after saying during his presidency he was “not a fan of Bitcoin and other Cryptocurrencies.”
The launch comes as Trump appears to be making gains on President Joe Biden’s fundraising lead—his campaign and the Republican National Committee reported Monday they raised $76 million in April, about $10 million more than their March fundraising totals and about $25 million more than the $51 million Biden and the Democratic National Committee reported raising last month, down from more than $90 million in March.
