Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.
The Future Forward PAC, supporting Kamala Harris’ 2024 U.S. Presidential campaign, startedaccepting cryptocurrency donations via Coinbase Commerce on September 4, according to a report from Reuters.
As confirmed by a Coinbase spokesperson, Future Forward PAC has begun onboarding digital asset donations. This step allows left-leaning crypto enthusiasts to contribute to the super PAC in support of Kamala Harris through cryptocurrencies.
With over $164 million raised in the current election cycle, Future Forward’s acceptance of crypto donations represents an embrace of the digital asset economy, encouraging broader participation from the crypto community.
NEW
Future Forward, the Kamala Harris SuperPAC, is starting a $50 million ad buy prior to the convention.
The buy begins with this biography/accomplishments AD. pic.twitter.com/rWqbXfItJZ
Prior to Harris’ announcement declaring her intent to run in July of this year, Future Forward had backed current U.S. President Joe Biden.
On the other side of the political spectrum, Republican nominee Donald Trump has been accepting cryptocurrency donations throughout his campaign.
Trump, often portrayed as the crypto-friendly candidate, received a total of $2 million from Gemini co-founders Tyler and Cameron Winklevoss in June.
Additionally, the Winklevoss twins donated an estimated $4.9 million to Fairshake, a super PAC supporting pro-crypto political candidates.
With over $202 million in its war chest, Fairshake eclipses Future Forward’s total funds raised.
However, the crypto super PAC recently
Read more on cryptonews.com