Biden campaign considering accepting cryptocurrency donations through Coinbase Commerce: People familiar with the matter

U.S. President Joe Biden's campaign is in discussions with cryptocurrency industry insiders about accepting cryptocurrency donations through Coinbase Commerce, according to people familiar with the matter. Coinbase Commerce allows merchants to accept payments in dozens of cryptocurrencies. The Trump campaign began accepting cryptocurrency donations through the platform last month. The discussion is the latest move by the Biden campaign to explore how to win over cryptocurrency supporters ahead of the election, which some congressional experts believe will be decided by a narrow margin. One person familiar with the matter said the Biden team may be seeking support from well-funded cryptocurrency supporters. The Biden campaign did not immediately respond to a request for comment. "They are looking at the issues in the crypto industry and trying to find quick wins to show that they support the industry. They want to show that they are not the enemy," said a source who works with politicians and crypto industry leaders. Biden's campaign has begun to increase its outreach to the crypto community in recent weeks, shortly after Trump attracted attention for taking a pro-cryptocurrency stance in the White House. People in Biden's inner circle specifically told the Biden team that if they remained silent on the issue of cryptocurrency, they could lose the election, said a person familiar with the matter. He stressed that talks about the Biden camp accepting cryptocurrency donations are still in the "exploratory" stage. (The Block)