Coinbase spokesperson clarifies earlier confusion about Haas’ statement concerning Harris’ crypto acceptance.
During a conversation at Citi’s 2024 Global TMT Conference in New York, Coinbase’s Chief Financial Officer, Alesia Haas, stated that Kamala Harris’ presidential campaign is currently using the company’s commerce platform to accept donations in crypto.
The information was made public through Fortune, a media outlet claiming to have reviewed the discussion recording between Haas and Citigroup’s director of payments, Peter Christiansen.
Confusion Surrounds Harris’ Crypto Donations
The revelation of Harris’ involvement with crypto sparked confusion, as Harris’ official donation page does not mention digital assets. It only shows options to donate through traditional payment methods like Venmo, Google Play, and PayPal.
Another reason for the seeming confusion is that Crypto4Harris, a group advocating for Kamala Harris to embrace crypto, claims they have no knowledge of her campaign accepting crypto donations.
The United States Vice President, who hasn’t publicly commented on crypto at all, remained silent on the matter. At press time, she had not made any official statement about it. The Democratic Party has also not been very friendly towards crypto. All these make Haas’ statement even more confusing. However, a clarification was made.
A Coinbase spokesperson clarified the confusion, explaining that “Future Forward,” the presidential nominee’s super PAC, has set up crypto donations through Coinbase Commerce. This means that the donation option is available for the super PAC but not directly on Harris’s official campaign page.
Crypto’s Political Adoption Keeps Growing
While Kamala’s campaign hasn’t taken a clear stance on crypto, her super PAC’s acceptance of crypto donations is noteworthy. This move could also shift to other political systems seeking support, resulting in more adoption of this new technology.
Donald Trump, the former president and Republican nominee for the 2024 election, has also expressed his backing for crypto. He even went so far as to say that if elected, he would remove Gary Gensler, the current SEC chairman. He has also received donations in crypto.
The recent involvement of crypto with politics depicts that more adoption is in place for it, as politicians are gradually gearing towards it.
