On-chain platform on Base network now lets US politicians receive crypto donations | Headlines | News | CoinMarketCap

07/23/2024 16:14
On-chain platform on Base network now lets US politicians receive crypto donations | Headlines | News | CoinMarketCap

A new on-chain donations platform allows U.S. politicians to accept crypto donations on the Coinbase-incubated Base network. Supporters can choose …

A new on-chain donations platform allows U.S. politicians to accept crypto donations on the Coinbase-incubated Base network.

Supporters can choose from over 240 cryptocurrencies, including Bitcoin and Ethereum, or credit card payment to donate through the platform, according to its website. It states that crypto donations offer a faster and more secure option, and are fully compliant with U.S. regulations. 

The platform also says that it collects the minimum amount of information necessary to fulfill compliance requirements. 

While a firm called Engage Raise is behind the platform, Coinbase Commerce powers its operations, Base network's lead Jesse Pollak noted on X.

13 U.S. politicians appeared to have signed up to receive crypto donations, including known blockchain …

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