Coinbase Confirms Kamala Harris PAC Accepts Crypto Donations
A recent comment from Coinbase Chief Financial Officer Alesia Haas sparked confusion about Vice President Kamala Harris accepting crypto donations for her campaign. During a Citigroup event, Haas stated that Harris is “accepting donations” using Coinbase Commerce, which allows cryptocurrency contributions.
However, a Coinbase spokesperson clarified the misunderstanding. Haas was actually referring to the Future Forward USA PAC, not Harris’ campaign directly. According to Fortune, Future Forward, a PAC supporting Harris, is now onboarded with Coinbase Commerce to accept crypto donations.
While Harris’ official campaign website doesn’t list crypto as an option for donations, this development with the Future Forward PAC could indicate a potential shift in Democrats’ approach to crypto.
So far, the Biden administration has faced criticism from the crypto industry, being seen as anti-crypto. Meanwhile, Donald Trump, Harris’ likely opponent in the upcoming election, has actively courted support from crypto fans and companies.
Future Forward is a hybrid PAC, first used for President Biden, allowing it to contribute directly to the campaign or fund independent ads not coordinated with Harris’ team. Advocacy group Crypto4Harris also noted that they were unaware of any direct crypto involvement in Harris’ campaign.
This move could be a sign that some Democrats are warming up to the idea of cryptocurrency, even if it’s still early days for direct campaign integration.