Base Network Launches Crypto Donation Platform for U.S. Elections

The Ethereum layer 2 solution, Base, is backing a new cryptocurrency donation platform named Support Crypto, which aims to reshape fundraising for U.S. politicians ahead of the presidential elections.

The platform, developed by Engage Raise, enables candidates and political campaigns to receive donations in Bitcoin, Ethereum, and over 240 other cryptocurrencies.

Support Crypto is designed to streamline the donation process with minimal information required from contributors, enhancing accessibility for supporters of crypto-friendly candidates.

The initiative aligns with ongoing efforts by industry leaders to promote favorable regulations in Washington, D.C., and bolster the adoption of digital currencies.

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The platform has already seen participation from approximately 13 U.S. politicians, including prominent crypto advocate Cynthia Lummis. Base builder Jesse Pollak highlighted that the platform offers the advantage of lower transaction fees compared to traditional credit card donations.

In parallel, the push for clearer cryptocurrency regulations continues as the U.S. election approaches. The Digital Chamber has recently urged Vice President Kamala Harris to adopt a more crypto-positive stance, contrasting with President Biden’s administration, which has been criticized for its regulatory actions against the crypto sector.

Alexander Stefanov