- Crypto has set the stage for U.S. elections.
- Candidates across the political divide are out to seek crypto donations.
- 13 politicians have already signed up to receive these donations on Base.
The U.S. political landscape is witnessing a significant transformation, with recent happenings suggesting a marked shift towards a more pro-crypto stance.
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A striking development in this regard involves a group of senators and House representatives across the political divide who have flocked to a new on-chain platform to accept crypto donations on the Ethereum L2 network Base.
Crypto for Political Donations
According to Base networkโs lead Jesse Pollak, the new U.S. crypto donation platform is developed by Engage Rise and powered by Coinbase Commerce, an enterprise blockchain platform service allowing merchants to receive digital asset payments.
The platform said on its website that supporters can choose from over 240 cryptocurrencies, including Bitcoin and Ethereum, or credit cards to donate to their favorite โblockchain-friendlyโ candidates.
It also said that political crypto donations are secure, fast, and 100% compliant with regulatory obligations, such as collecting the โminimumโ necessary user information to meet FEC compliance laws.
As of July 23, 13 politicians, including known blockchain advocates Senator Cynthia Lummis and Rep. Tom Emmer, appeared to have signed up on the platform to receive crypto donations.
Other notable names that appeared on the website include Senators Ted Budd, Steve Daines, and Ron Wyden and representatives Ritchie Torres, Andrew Garbaino, Dan Crenshaw, Darren Soto, and Glenn Ivey.
In related news, supporters of presidential hopeful Donald Trump have planned to raise $15 million at the Bitcoin conference in Nashville.
Stay updated on the approval of Ether ETFs in the U.S:
Ether ETFs Approved for Trading! Hereโs How Experts See Them Performing
Read how Senator Lummis faulted the SECโs action against Kraken:
Senator Lummis Faults SECโs Enforcement Action on Kraken
