🗳️ Candidates are turning to crypto to boost campaigns! For example, the UK’s Reform UK party recently said it’s accepting crypto-donations in Bitcoin and other assets.
√ Effects on the crypto market:
•More campaign cash in crypto means higher demand, which can drive token prices up.
•But it also raises red flags about transparency and foreign influence, which could trigger stricter regulations—and that can spook the market.
√ Example: A candidate accepting a chunk of Bitcoin means more hands want crypto for political power—like when the industry backs pro-crypto super PACs in the U.S. with tens of millions.
This trend shows crypto isn’t just for trading anymore—it’s entering the ballot box. $BTC
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