The presumptive Republican presidential nominee, Donald Trump, announced late Tuesday afternoon that he would accept donations in Bitcoin, Ether, Dogecoin, Solana, and other cryptocurrencies. With this move, he has become the first major party candidate to embrace digital currencies. Earlier this month, the former president declared himself as the candidate for cryptocurrency at a Mar-a-Lago gala, propelling crypto into the 2024 campaign.
Elizabeth Warren, D-Mass., in particular, campaigned against cryptocurrency. However, this year, even some Democrats are pro-cryptocurrency, distancing themselves from Warren’s stance. Crypto has emerged as a political topic in this election year, with presidential candidate Trump making several pro-crypto statements during his campaigns. However, he has not yet declared how he plans to support cryptocurrency and blockchain growth through policies.