Kraken co-founder Jesse Powell has donated US$1 million to Donald Trump’s presidential marketing campaign, primarily in Ether.
The contribution underscores the crypto neighborhood’s seek for a candidate who favors their trade, amidst dissatisfaction with the present administration’s regulatory stance.
Powell’s donation joins a sequence of crypto contributions to Trump’s marketing campaign, together with these from notable trade figures such because the Winklevoss twins.
Trump has emerged as a pro-crypto candidate, accepting cryptocurrency donations and advocating for the U.S. to turn into a frontrunner in Bitcoin manufacturing, contrasting with the Biden administration’s extra enforcement-focused strategy to crypto regulation.
Regardless of the importance of cryptocurrency within the political sphere, the primary presidential debate between Biden and Trump on Thursday didn’t handle the subject.
The shortage of dialogue on digital belongings was famous by the broader neighborhood.
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