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Ilon Musk has said he is willing to funnel about $45 million monthly to support Donald Trump

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18.07.2024

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And the victory of a pro-cryptocurrency candidate in the upcoming elections may affect the prospects for the adoption of cryptocurrencies and the development of the digital finance industry in the United States.

The Wall Street Journal (WSJ) reports that the PAC's work has already been supported by members of industry and financial businesses, as well as representatives of the US crypto industry. In particular, the founders of the cryptocurrency exchange Gemini brothers Cameron and Tyler & Cameron Winklevoss (Tyler & Cameron Winklevoss) donated about $2 million to Donald Trump's election campaign.

According to WSJ sources, the PAC will focus on new voter registration and encourage early voting and mail-in ballots in swing states.

Earlier, Bitcoin Magazine CEO David Bailey pledged to hold a multi-million dollar fundraiser for US presidential candidate Donald Trump at a bitcoin conference in Nashville.