Kamala Harris-Supporting Super-PAC Accepts Crypto Donations

IconCryptoNewsTerminal Staff05 Sep, 2024

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Kamala Harris-Supporting Super-PAC Accepts Crypto Donations

Future Forward, a political action committee (PAC) supporting Kamala Harris' presidential campaign, has begun accepting cryptocurrency donations. Coinbase Commerce, Coinbase's cryptocurrency payment service, announced this partnership. Future Forward is the first PAC associated with a major presidential candidate to accept crypto. This move signals the Democratic Party's growing acceptance of cryptocurrency. Harris' campaign is currently not accepting direct crypto donations, but this partnership could be a stepping stone towards wider adoption. PACs play a significant role in campaign finance, so allowing crypto donations opens a new funding avenue for candidates. It has yet to be seen if Harris' campaign will follow suit and accept crypto donations. However, Future Forward's move suggests a shift in the political landscape regarding cryptocurrency. As crypto gains legitimacy, it will likely become a more common method of campaign finance.