Coinbase Exec Suggests House Rep, Candidate Enabled On-Chain Donations

IconCryptoNewsTerminal Staff06 Sep, 2024

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Coinbase Exec Suggests House Rep, Candidate Enabled On-Chain Donations

Coinbase's Layer 2 network Base Core Developer Jesse Pollak tweeted that "it appears 3 candidates, including a current US Representative and a current candidate for office, have enabled on-chain donations on Base." However, he did not disclose the names. On-chain donations refer to contributions made using blockchain technology, providing transparency and immutability. Pollak's tweet highlights the growing adoption of cryptocurrencies in political campaigns, potentially enhancing transparency in campaign financing.