{"id":84771,"date":"2024-07-23T09:34:02","date_gmt":"2024-07-23T13:34:02","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=84771"},"modified":"2024-07-23T09:36:03","modified_gmt":"2024-07-23T13:36:03","slug":"coinbases-base-simplifies-crypto-donations-for-all-us-politicians","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/coinbases-base-simplifies-crypto-donations-for-all-us-politicians\/","title":{"rendered":"Coinbase’s Base Simplifies Crypto Donations For All US Politicians"},"content":{"rendered":"\n

Base Network has launched Support Crypto, a digital asset fundraising<\/a> platform, to help industry candidates ahead of the upcoming US elections.<\/p>\n\n\n\n

\"Coinbase's<\/figure>\n\n\n\n

Base, an Ethereum layer 2 solution, will serve as the foundation for a new cryptocurrency donations platform, Support Crypto, ahead of the upcoming U.S. Presidential elections.<\/p>\n\n\n\n

However, to enhance industry regulations in Washington, the organization promotes crowdfunding through crypto assets.<\/p>\n\n\n\n

Industry executives have advocated for pro-crypto laws <\/a>in Congress ahead\u00a0of the upcoming U.S. elections this year.<\/p>\n\n\n\n

Base Endorses Crypto Fundraising Platform<\/h2>\n\n\n\n

Support Crypto\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> which is on the Base Network will allow US politicians and candidates to raise funds ahead of elections.<\/p>\n\n\n\n

Users may engage in 100% crypto donations to support their causes, along with minimum information to meet the platform's requirements.<\/p>\n\n\n\n

Moreover, Ethereum (ETH), Bitcoin (BTC), and 240 assets are supported by the platform, which is operated by Engage Raise.<\/p>\n\n\n\n

This will assist users in identifying candidates who are crypto-friendly ahead of the upcoming elections, covering parties that exhibit similar efforts.<\/p>\n\n\n\n

\n

\u201cToday, the future of digital currencies is being negotiated in Washington D.C. By supporting blockchain-friendly candidates through cryptocurrency, you are championing the future of online currencies. Donate today. Be part of the larger crypto-political movement.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Also, the platform intends to provide the most effective tools to activists and campaigns that are on the front lines.<\/p>\n\n\n\n

About 13 politicians from the United States have enlisted on the platform, including Cynthia Lummis, a pro-crypto candidate.<\/p>\n\n\n\n

Jesse Pollak, a Base builder, announced on X (formerly Twitter) that politicians are now able to accept on-chain donations with lower fees than credit cards.<\/p>\n\n\n\n

Digital Asset Execs Point to Regulations<\/h2>\n\n\n\n

Cryptocurrency stakeholders have pushed for pro-industry rules to promote innovation, finance, and inclusion.<\/p>\n\n\n\n

Meanwhile, there have been efforts to establish clearer regulations in the lead-up to the US elections.<\/p>\n\n\n\n

The Digital Chamber recently sent a letter to Kamala Harris, urging her to adopt a pro-crypto stance unlike Biden, as the campaign intensifies.<\/p>\n\n\n\n

This follows the endorsement of Donald Trump by numerous crypto and tech executives, who have expressed their support for the establishment of clear regulations.<\/p>\n\n\n\n

As the Securities and Exchange Commission (SEC) continues its regulatory crackdown\u00a0on crypto firms, US President Joe Biden<\/a> has been labeled as being at war with the crypto market.<\/p>\n","protected":false},"excerpt":{"rendered":"

Base Network has launched Support Crypto, a digital asset fundraising platform, to help industry candidates ahead of the upcoming US elections. Base, an Ethereum layer 2 solution, will serve as the foundation for a new cryptocurrency donations platform, Support Crypto, ahead of the upcoming U.S. Presidential elections. However, to enhance industry regulations in Washington, the organization […]<\/p>\n","protected":false},"author":56,"featured_media":84790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[17681,150,20745,20746],"class_list":["post-84771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-base-network","tag-coinbase","tag-supportcrypto","tag-us-election"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/Coinbases-Base-Simplifies-Crypto-Donations-For-All-US-Politicians.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/84771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=84771"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/84771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/84790"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=84771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=84771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=84771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}