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Election 2024 Trump Cryptocurrency
FILE - An attendee waves a hat ahead of a campaign rally for Republican presidential candidate former President Donald Trump in Wildwood, N.J., on May 11, 2024. Trump's presidential campaign will begin accepting donations in cryptocurrency, the presumptive Republican presidential nominee's campaign says. (AP Photo/Matt Rourke)

Donald Trump's campaign says it will begin accepting contributions through cryptocurrency

Donald Trump’s presidential campaign will begin accepting donations in cryptocurrency, the presumptive Republican presidential nominee’s campaign says

By Fatima Hussein
Published - May 21, 2024, 06:00 PM ET
Last Updated - May 27, 2024, 12:28 AM EDT

WASHINGTON (AP) — Donald Trump 's presidential campaign said Tuesday it would begin accepting donations in cryptocurrency as part of an effort to build what it calls a “crypto army” leading up to Election Day.

The Trump campaign launched a fundraising page that allows “any federally permissible donor the ability to give" to its political committees using any crypto asset accepted through the Coinbase cryptocurrency exchange.

The announcement promotes Trump's message that he is a crypto-friendly candidate, and also appeals to a core group of young male voters who are increasingly likely to dabble in digital assets. It came as Trump's defense rested in his hush money case in New York.

Cryptocurrencies are a digital asset that can be traded over the internet without relying on the global banking system.

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