Facing several criminal cases, the presumptive Republican Party nominee for U.S. President is expected to face off against President Joe Biden in November 2024.
Former United States President Donald Trump, currently facing criminal charges in four jurisdictions in
the country, announced his campaign to run for president in 2024 would accept cryptocurrency donations.
In a May 21 notice, the Trump 2024 campaign said it had launched a fundraising page for eligible people to donate in crypto using the Coinbase Commerce product. The website featured logos for Bitcoin
BTC
tickers down
$61,969
, Ether
ETH
tickers down
$3,414
, Dogecoin (DOGE), Shiba Inu
SHIB
tickers down
$0.000018
,
XRP
tickers down
$0.48
USD Coin
USDC
tickers down
$1.00
, Solana
SOL
tickers down
$139
and 0x (ZRX). The announcement cited Senator Elizabeth Warren’s attacks on cryptocurrency,
claiming without evidence that she was acting as U.S. President Joe Biden’s “official surrogate” in Congress.
During a May 8 dinner for supporters who purchased a nonfungible token featuring a
mugshot at his surrender in a Georgia jail, Trump said he would ensure attendees could make donations to his campaign in crypto.
With less than six months until Election Day, Trump is the presumptive Republican Party nominee for U.S. President in 2024. He will likely face off against President Biden, the presumptive Democratic Party nominee.
On May 15, Trump responded to a challenge from President Biden, agreeing to meet on June 27 and Sept. 10 for televised debates on CNN and ABC, respectively.
Though the terms have yet to be finalized, the debates could mark the first time the two candidates face off against each other in person since 2020, when Trump lost the election to Biden.
Despite accepting crypto donations, Trump’s ‘issues’ page on his campaign website did not specifically mention digital assets or blockchain at the time of publication.
President Biden has rarely issued public statements on crypto but did sign an executive order to establish a regulatory framework for digital assets in 2022.