{"id":1032,"date":"2024-06-13T11:12:49","date_gmt":"2024-06-13T11:12:49","guid":{"rendered":"http:\/\/ci02dfd8c3800024bb"},"modified":"2024-06-13T11:12:49","modified_gmt":"2024-06-13T11:12:49","slug":"biden-campaign-reportedly-exploring-bitcoin-and-crypto-donations","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/biden-campaign-reportedly-exploring-bitcoin-and-crypto-donations","title":{"rendered":"Biden Campaign Reportedly Exploring Bitcoin and Crypto Donations"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>President Biden&#8217;s re-election campaign is allegedly in talks to accept Bitcoin and crypto donations, according to reports. This move comes after rival <a href=\"https:\/\/bitcoinmagazine.com\/markets\/trump-becomes-first-president-to-accept-bitcoin-lightning-payments-for-campaign-donations#:%7e:text=Trump%20Becomes%20First%20President%20To,News%2C%20Articles%20and%20Expert%20Insights\">Donald Trump opened<\/a> up Bitcoin contributions for his campaign.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: \ud83c\uddfa\ud83c\uddf8 Joe Biden&#39;s campaign is in talks to accept crypto donations through Coinbase Commerce, The Block reports. <a href=\"https:\/\/t.co\/lvS3dyasgq\">pic.twitter.com\/lvS3dyasgq<\/a><\/p>\n<p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1801022891179249845?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">June 12, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/www.theblock.co\/post\/299851\/biden-campaign-in-talks-to-accept-crypto-donations-through-coinbase-commerce-sources\" target=\"_blank\" rel=\"noopener\">Sources claim<\/a> Biden&#8217;s team is discussing accepting crypto donations via Coinbase Commerce. The payment service enables contributions to <a href=\"https:\/\/bitcoinmagazine.com\/tags\/donald-trump\">Trump&#8217;s<\/a> campaign.<\/p>\n<p>The <a href=\"https:\/\/bitcoinmagazine.com\/tags\/joe-biden\">Biden<\/a> campaign&#8217;s outreach is reportedly an effort to appeal to Bitcoin and crypto-focused voters ahead of the hotly contested 2024 election.&nbsp;<\/p>\n<p>However, the news sparked a backlash from some industry figures. Critics argued it was hypocritical given the Biden administration&#8217;s hostile stance toward the industry, including a <a href=\"https:\/\/bitcoinmagazine.com\/business\/president-joe-biden-will-veto-legislation-allowing-financial-firms-to-custody-bitcoin-white-house\">recent veto of bipartisan crypto legislation<\/a>.<\/p>\n<p>Sources say Biden&#8217;s team wants to signal a friendlier posture on Bitcoin and crypto. With the election expected to come down to razor-thin margins, Bitcoin and crypto voters could prove decisive.&nbsp;<\/p>\n<p>Billionaire <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/1790373066108756405\">Mark Cuban suggested<\/a> Biden&#8217;s indifference to crypto could hand Trump the presidency. Recent polls give Trump a double-digit lead among crypto holders.<\/p>\n<p>The Biden campaign did not officially confirm the reports on potential crypto donations. Sources stressed talks are still exploratory as Biden gauges the Bitcoin and crypto landscape.<\/p>\n<p>The engagement nonetheless shows Bitcoin&#8217;s growing influence. Both parties realize appeasing Bitcoin supporters is now necessary, even if symbolic. With potential voters and donors at stake, expect more Bitcoin pandering as November nears.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biden Campaign Reportedly Exploring Bitcoin and Crypto Donations<\/p>\n","protected":false},"author":2513,"featured_media":26590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[561,555,93,120],"class_list":{"0":"post-1032","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-bitcoin-donation","9":"tag-joe-biden","10":"tag-news","11":"tag-trump"},"author_data":{"id":2513,"name":"Vivek Sen","nicename":"vivek-sen-bitcoin","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/03\/cropped-vivek-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bdd-1-scaled.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/1032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2513"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=1032"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/1032\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/26590"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=1032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=1032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=1032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}