Georgia’s representative Mike Collins announced that his campaign would now accept cryptocurrency donation.
An entrepreneur and active cryptocurrency merchant Rolins represents the 10th Congress district of Georgia and has been a vocal lawyer for Crypto.
“America has been relieved back to our reluctance to adapt to emerging technology, whether it is AI, machine learning, or alternative assets like Crypto,” Collins Stated“I hope to present this platform, I can destroy the Crypto industry and pursue the future of global finance and innovation.”
He emphasized the need for the United States to remain competitive in the global financial system for alternative digital assets for alternative digital assets for alternative digital assets, including Bitcoin (BTC), Etharium (ETH), Altcoin and Memcoin.
Donald Trump started a trend
Colins’ campaign is one of the increasing number of political institutions that embrace cryptocurrency contribution, reflecting a widespread trend in American politics.
President Donald Trump added Crypto to his political and business undertakings. Trump’s campaign began to accept crypto donation during the 2024 election cycle.
His official website highlighted the move as a will for his support for US innovation and a step towards combating regulatory obstacles imposed by previous administration.
Beyond the contribution of the campaign, Trump’s commercial busyness has made more differences with the Crypto industry. His inaugural committee received adequate donations from Major Cryptocurrency firms such as Ripple, Coinbase, Crackon and Moonpe, with the contribution to $ 4-5 million.
These donations underline strategic efforts to influence the strategic efforts of the Crypto industry and to achieve sides within the political field.
The tendency to accept cryptocurrency donation is not limited to Republican figures. Future Forward PAC, Democratic Vice President Kamla Harris, a leading super political action committee, Announced Its acceptance of cryptocurrency contribution.
In addition, Ripple paid money to Kamla Harris during the 2024 election cycle.
Federal Election Commission Permit Cryptocurrency contribution to political committees, provided they follow the existing contributions and reporting requirements. Such donation -receiving campaigns should be converted into traditional currency before expenditure and ensure compliance with relevant rules.
