Coinbase's CFO, Alesia Haas, has revealed that the US Vice President and Democratic presidential candidate, Kamala Harris, is using Coinbase's Commerce platform to receive crypto donations for her campaign. This revelation came during a conversation with Citigroup's Director of Payments, Peter Christiansen, at Citi's 2024 Global TMT Conference in New York.
Shortly after, a Coinbase spokesperson confirmed that Future Forward, a super PAC supporting Harris, has been onboarded with Coinbase Commerce. However, Coinbase CEO Brian Armstrong clarified that the company has not directly donated to any presidential campaign.
There are some discrepancies surrounding this situation, as Harris' official fundraising site does not currently show any crypto integration, and the advocacy group Crypto4Harris said they're unaware of Harris accepting any crypto donations so far. Despite this, Coinbase seems determined to influence US policymakers to favor better crypto regulations in the US, having spent over US$20M (AU$29.7M) on lobbying efforts by 2023.
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