September 3, 2024
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0:41Now PlayingAs Donald Trump embraces cryptocurrency aficionados in search of votes and campaign contributions, the deepest pockets in the industry are conspicuously absent from the list of his donors. #crypto #trump #harris #politics #tech #business #news #worldnews
The crypto-world heavyweight Brian Armstrong, his exchange Coinbase Global Inc. and the super PACs they fund haven’t given anything to Trump’s campaign yet. Nor have they donated to his opponent, Vice President Kamala Harris.
Instead, they’re pursuing a strategy of targeted donations to congressional campaigns, in ways that are shaking up races across the country. Their money and lobbying influence also appear to be helping to put crypto firmly on the political agenda, as evidenced by the bipartisan support for Republican-sponsored legislation that was passed in the House in May, and an effort currently underway in the Senate.
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