Crypto industry leader Jesse Powell has made a significant donation of $1 million, primarily in ethereum, to Donald Trump’s presidential campaign. In a social media post, Powell cited the crypto industry’s struggles with regulation under the Biden administration, specifically naming Elizabeth Warren and Gary Gensler as obstacles. Powell expressed optimism that Trump’s pro-crypto stance will help the US maintain its competitiveness in the global blockchain technology landscape, as other major economies establish clear regulations for digital assets.
Kraken's Jesse Powell Donates $1 Million to Trump
This article was published more than a year ago. Some information may no longer be current.
WRITTEN BY
SHARE
About the author
WRITTEN BYBitcoin.com News DeskEditorial Desk Reporter
The Bitcoin.com News Desk publishes timely reporting on market developments, protocol updates, regulatory changes, and industry announcements across the cryptocurrency sector.
