Crypto donations welcome at Kamala Harris super PAC
Crypto executives are calling on Kamala Harris to adopt a softer regulatory stance as the Future Forward PAC opens its doors to cryptocurrency donations.
A major super political action committee (PAC) supporting US Vice President Kamala Harris in her presidential campaign, Future Forward PAC, will now accept cryptocurrency donations. Coinbase confirmed that the PAC has partnered with its commerce platform to facilitate crypto contributions ahead of the upcoming election in November, where Harris faces former President Donald Trump in a closely contested race.
Although Harris has not yet publicly taken a stance on cryptocurrencies, her campaign team has engaged with leading crypto firms like Coinbase and Ripple. Trump’s campaign, meanwhile, has been courting crypto donors by promising policies friendly to the sector, while Harris’ adviser, Brian Nelson, hinted at support for emerging technologies, a positive signal for the crypto industry.
Crypto companies are making contributions to pro-crypto candidates across both political parties through super PACs, focusing on congressional races. Meanwhile, a Washington fundraiser is set to raise $100,000 for Harris, with the crypto community calling for a softer regulatory approach.
Super PACs are allowed to raise unlimited funds to support candidates but are prohibited from directly contributing to campaigns or political parties, positioning Future Forward PAC as a key player in Harris’ electoral bid.
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