@harryhkmg
Cryptocurrency Firms Contribute Millions to Trump's Inauguration Fund
Cryptocurrency companies have donated at least $10 million to President-elect Donald Trump's inauguration fund, celebrating his second term as the first explicitly pro-crypto U.S. president. Major contributors include Ripple, Coinbase, Kraken, Robinhood, and Circle. These companies are leveraging their influence to pursue favorable regulatory changes and policy frameworks under the incoming administration. The crypto industry has also funneled over $160 million into a super PAC to elect lawmakers supportive of their agenda. A sold-out unofficial inaugural ball featuring Snoop Dogg is planned for Friday, sponsored by various digital asset firms. Despite this enthusiasm, the significant financial contributions have drawn criticism from Democrats and watchdog groups concerned about potential influence-buying.
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