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Two US Presidential Candidates already accept crypto donations

May 27 2019
By
Jonathan Smith

 

As the 2020 US presidential elections are approaching, candidates are already striving for media attention. In an attempt to round up support among crypto enthusiasts, two Democratic presidential candidates stated that they accept cryptocurrency donations and support innovative blockchain-based technology in general.

 

I believe blockchain needs to be a big part of our future. If I’m in the White House, oh boy are we going to have some fun in terms of the cryptocurrency community,” Democratic presidential contender Andrew Yang said at the Consensus 2019 conference in New York.

 

The other Democratic presidential candidate who supports cryptocurrencies, Eric Swallwell, called for expert oversight on Blockchain systems for interference or abuses. The blockchain startup The White Company will serve to process all cryptocurrency donations made to the congressman’s campaign, which now accepts Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Stellar Lumens (XLM), and the he White Company’s proprietary WSD token.

 

Ohio became the first US state to accept Bitcoins as tax payments last year, and two Pension Funds in Virginia announced they will invest in crypto assets in February. Given the popularity of cryptocurrencies and blockchain technology in the US, such favorable stance on the part of 2020 US presidential elections candidates is not surprising at all.

 

TAGS: Bitcoin  US  2020 US presidential election  cryptocurrency 
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