Base by Coinbase Simplifies Crypto Donations for US Politicians
• Ethereum layer 2 solution, Base, supports the new crypto donations platform, Support Crypto, ahead of the U.S. Presidential elections.
• Support Crypto allows US politicians to raise funds via 100% crypto donations, supporting Bitcoin (BTC), Ethereum (ETH), and 240 other assets.
• The platform aims to promote blockchain-friendly candidates and enhance industry rules in Washington, D.C.
• Key figures in the crypto industry push for pro-crypto regulations as the US elections approach.
Support Crypto, powered by Base, is revolutionizing political fundraising by enabling crypto donations, thus lowering transaction fees and simplifying the process for candidates. The platform currently supports 13 US politicians, including pro-crypto advocate Cynthia Lummis.
As the US elections near, the crypto community is rallying for clearer regulations and greater innovation, with stakeholders urging Vice President Kamala Harris to adopt a pro-crypto stance, contrasting President Biden’s regulatory approach.
This initiative highlights the growing influence of digital currencies in political fundraising and the ongoing battle for favorable crypto regulations in the US.
