Bitcoin

Rep. Mike Collins now accepting crypto donations for campaign

Representative Mike Collins, a member of the United States Congress for Georgia, announced that his congress campaign now accepts cryptocurrency donations on March 5.

Donations can be made in Bitcoin (BTC), Ether (Eth), Litecoin (LTC), Dogecoin (Doge), Solana (Sol), USDT (USDT) and others. Collins published a statement alongside the announcement:

“America was retained by our reluctance to adapt to emerging technology, whether AI, automatic learning or alternative assets such as crypto. I hope that by introducing this platform, I can destigmatize the cryptography industry. »»

The legislator had previously disclosed $ 65,000 in ETH purchases in 2024 and several Acquoin acquisitions, including up to $ 15,000 by velodrome (VELO), up to $ 15,000 in the graph (GRT) and up to $ 115,000 in Aerodrome Finance (AERO).

More recently, Collins has revealed a purchase of ski mask dogs (ski), a same launched in 2024. Disclosure marks a seismic change in the political perception of digital assets as legislators and political candidates are increasingly accepting contributions to the campaign labeled in the crypto.

Politics, US government, United States

Rep. Collins addressing the congress in 2024. Source: Representative Mike Collins

In relation: The crypto -donation exceeded $ 1 billion in 2024 – Report

The United States presidential candidates accept cryptographic political gifts

Robert F. Kennedy Jr became the first American presidential candidate to accept the BTC for campaign donations in May 2023.

Speaking during the Bitcoin 2023 conference in Miami, Florida, the former independent candidate called BTC an asset that promotes freedom, individual freedom and democracy.

The former republican presidential hope Vivek Ramaswamy followed the days after Kennedy and also announced that his campaign would accept contributions from the political campaign in BTC.

“Let us make elections in 2024 a referendum on fiduciary currency,” said the former public candidate for Bitcoin 2023.

During the US elections in 2024, now President Donald Trump announced that his campaign would accept cryptocurrencies, including BTC, ETH, DOGE, SOL, USDC (USDC), Shiba Inu (SHIB) and XRP (XRP).

Trump promised to end the war against crypto, and after his re-election in November 2024, the American government considerably moved its posture to cryptocurrencies.

This regulatory pivot included the Securities and Exchange Commission ending several high -level proceedings against industry companies and opening dialogue with industry leaders.

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