Kamala Harris Caught in Crypto Donation Lie? Shocking Coinbase Claim Exposed!

The post Kamala Harris Caught in Crypto Donation Lie? Shocking Coinbase Claim Exposed! appeared first on Coinpedia Fintech News

Recent reports suggest that Kamala Harris is accepting crypto donations through Coinbase as claimed by Fortune magazine. However, a deeper look into Harris’s official donation channels reveals no crypto options. This conflicting information raises questions about who is telling the truth—Coinbase or Harris’s team.

What’s the Real Story?

According to a Fortune magazine report Kamala Harris was using Coinbase as the platform to accept crypto donations. This information was allegedly provided by Coinbase’s CFO, Alesia Haas adding some weight to the claim. 

However, after a quick search on Harris’s official donation page, there was no mention of cryptocurrencies instead they were accepting donations through Venmo, Google Play, and PayPal.

Harris’s Silence on Crypto Stance

Despite the claim of accepting crypto, Kamala Harris has yet to make any public statement supporting the crypto industry. Many in the crypto world are eager for clarity. If Kamala Harris truly supports crypto and is accepting donations, why hasn’t she publicly stated her stance? 

Even more importantly, why hasn’t she voiced any opposition to the ongoing regulatory crackdowns led by Gary Gensler and Elizabeth Warren? These figures have been at the forefront of anti-crypto actions, with recent actions including a Wells notice to OpenSea, a popular NFT marketplace.

Need for Bipartisan Support

As the 2024 election approaches, the role of cryptocurrency in politics is becoming more significant. Kamala Harris’s unclear stance contrasts sharply with former President Donald Trump, who has openly declared his support for the crypto industry. Trump has even stated that he would fire Gary Gensler if elected, showing his willingness to back the industry.

What adds to the frustration is that Harris’s silence comes at a time when bipartisan support is crucial for advancing crypto regulations. Recently, 71 Democrats joined Republicans to pass a crypto-related FIT21 bill in the House. Without Harris’s backing, it could be difficult to push further progress, leaving the industry in limbo.

Who’s Behind the Misinformation?

So, the question is, who is telling the truth here? Is Coinbase’s CFO mistaken, or did Harris’s campaign miscommunicate something to them? Even more intriguing is the silence from Kamala Harris herself. 

No statements have been made to clarify whether her campaign is indeed accepting crypto donations or not.