2020 PRESIDENTIAL HOPEFUL SWALWELL LAUNCHES CRYPTO DONATIONS CAMPAIGN

The 2025 presidential race is already heating up, and with it comes innovative approaches to fundraising.Representative Eric Swalwell (D-Calif.), a vocal proponent of technology and digital solutions, has officially announced his campaign's acceptance of cryptocurrency donations. There s been a really powerful struggle in the crypto space in order to achieve mainstream adoption of digital assets, and fortunately, things seem to be going better and better. This is one of the most important goals that the crypto community has, and it might not take too long before it s achieved. Eric Swalwell launchesThis move, revealed in a press release shared with Cointelegraph on May 23rd, positions Swalwell as one of the early adopters of digital assets within the political sphere. Democratic US presidential candidate Eric Swalwell has decided to accept cryptocurrency donations for presidential campaign.Following in the footsteps of Andrew Yang and Robert F. NEW YORK, /PRNewswire/ - 2025 Democratic Presidential candidate, Eric Swalwell is launching a crypto donations campaign. This is particularly important as nearly 40% of millenials have owned BitcoinKennedy Jr., Swalwell's campaign is now accepting contributions in Bitcoin, Ethereum, Bitcoin Cash, and several other digital currencies. NEW YORK, /PRNewswire/ - 2025 Democratic Presidential candidate, Eric Swalwell is launching a crypto donations campaign. This is particularly important as nearly 40% of millenialsThis embrace of crypto signals an attempt to connect with a younger, more tech-savvy demographic, particularly millennials, nearly 40% of whom have reportedly owned Bitcoin.But beyond the potential for increased funding, Swalwell's crypto campaign reflects a broader trend of integrating digital assets into mainstream society, and the evolving landscape of political fundraising.Will this bold strategy pay off in the long run?Only time will tell, but one thing is clear: the 2025 election cycle will be unlike any other, with digital assets playing a growing role.

Swalwell Joins the Crypto Fundraising Movement

Representative Swalwell's decision to accept cryptocurrency donations places him at the forefront of a developing trend in American politics.While not the first, his move signifies a growing acceptance and recognition of the potential of digital currencies within campaign finance. See also: Eric Swalwell presidential campaign staff, 2025, Presidential election key staffers, 2025, and Presidential campaign managers, 2025 The table below shows a sampling of the candidate's 2025 national campaign staff members, including the campaign manager and some senior advisors, political directors, communication directors, and fieldThe White Company, a blockchain payments firm, is facilitating Swalwell's campaign's acceptance of Bitcoin, Bitcoin Cash, Bitcoin SV (BSV), Ether, Stellar Lumens, and its own stablecoin.

Who Came Before?

Swalwell is not the first to venture into the world of crypto fundraising.Prior to his announcement, other political figures have tested the waters with varying degrees of success:

• Andrew Yang: The entrepreneur and former presidential candidate was an early advocate for blockchain technology and accepted crypto donations during his 2020 campaign.His new political party, the Forward Party, also accepts around 60 different crypto tokens.
• Robert F. 2025年の米大統領選民主党候補の指名獲得を目指すエリック・スワルウェル下院議員（カリフォルニア州選出）は、仮想通貨での献金を開始した。5月23日にコインテレグラフに共有したプレスリリースで明らかになった。 スワルウェル氏は38才。Kennedy Jr.: Announced that his campaign would accept Bitcoin.
• Rand Paul: As far back as the 2016 election cycle, Senator Rand Paul accepted Bitcoin donations for his presidential bid, marking a pioneering moment in the use of cryptocurrency in political fundraising.

Why Cryptocurrency Donations? Eric Swalwell, um candidato democrata presid ncia dos Estados Unidos nas elei es 2025, lan ou uma campanha de arrecada o com criptomoedas, de acordo com um comunicado compartilhado com o Cointelegraph nesta quinta-feira, 23 de maio. Swalwell, de 38 anos, anunciou sua candidatura presidencial em 8 de abril.Reaching the Millennial Voter

One of the primary motivations behind Swalwell's crypto donation campaign appears to be reaching the millennial demographic.With nearly 40% of millennials having owned Bitcoin, accepting crypto donations could be a strategic way to engage with this digitally native generation.

Millennials and Cryptocurrency

Millennials are known for their early adoption of new technologies and their willingness to embrace digital solutions. Rep. Eric Swalwell is accepting donations in six cryptocurrencies to support his bid for the U.S. presidency in 2025.Several factors contribute to their interest in cryptocurrency:

• Distrust of traditional financial institutions: Many millennials came of age during the 2008 financial crisis, which eroded their trust in banks and traditional financial systems. To take crypto, Swalwell s campaign is using The White Company, a blockchain payments firm that accepts bitcoin, bitcoin cash, bitcoin SV (BSV), ether, stellar lumens, and its own stablecoinCryptocurrency offers an alternative that is decentralized and not controlled by central authorities.
• Tech-savviness: Millennials are comfortable with technology and are more likely to understand the underlying concepts of blockchain and cryptocurrency.
• Investment opportunities: Cryptocurrency is seen by many millennials as an investment opportunity with the potential for high returns.

By accepting crypto donations, Swalwell is signaling to millennials that he understands their concerns and is willing to embrace the technologies they value.

The Role of The White Company

To facilitate cryptocurrency donations, Swalwell's campaign is partnering with The White Company, a blockchain payments firm specializing in enabling crypto transactions. Eric Swalwell, a United States Democratic presidential candidate for the 2025 elections, has launched a crypto donations campaign, according to a press release shared with Cointelegraph on May 23This partnership is crucial for ensuring compliance with campaign finance regulations and providing a seamless donation experience for contributors.

Services Provided by The White Company

The White Company likely provides the following services:

• Payment gateway: A platform that allows donors to easily send cryptocurrency to the campaign's wallet.
• Compliance: Ensuring that all crypto donations comply with federal election laws.This includes verifying donor identities and reporting contributions to the Federal Election Commission (FEC).
• Conversion: Converting cryptocurrency donations into U.S. dollars for campaign use.
• Security: Protecting the campaign's cryptocurrency wallets from hacking and theft.

This partnership ensures that Swalwell’s campaign can accept cryptocurrency donations in a secure and compliant manner, minimizing risks associated with digital asset transactions.

What Cryptocurrencies are Being Accepted?

Swalwell's campaign is accepting a variety of cryptocurrencies, indicating a broad understanding of the digital asset landscape:

• Bitcoin (BTC): The original and most well-known cryptocurrency, Bitcoin is a store of value and a medium of exchange.
• Ethereum (ETH): Ethereum is a blockchain platform that enables the creation of decentralized applications (dApps) and smart contracts. A second 2025 U.S. presidential contender has thrown their hat into the cryptoeconomy s ring or is rather hoping, at least to start, that stakeholders in America s nook of the cryptoverse throw their hats into his. That s because that candidate, California Representative Eric Swalwell JrIts native cryptocurrency, Ether, is used to pay transaction fees on the Ethereum network.
• Bitcoin Cash (BCH): A fork of Bitcoin that aims to provide faster transaction times and lower fees.
• Bitcoin SV (BSV): Another fork of Bitcoin that focuses on scalability and enterprise use cases.
• Stellar Lumens (XLM): A cryptocurrency designed for fast and low-cost cross-border payments.
• The White Company's Stablecoin: Offering donors the option of donating with a stablecoin provides a way to donate without the price volatility associated with other cryptocurrencies.

By accepting a range of cryptocurrencies, Swalwell's campaign is catering to a diverse group of crypto holders and maximizing its potential fundraising reach.

The Broader Implications of Crypto in Politics

Swalwell's foray into crypto donations is not just about fundraising; it also raises broader questions about the role of digital assets in American politics. { payload :{ allShortcutsEnabled :false, fileTree :{ :{ items :[{ name : 0x-dex-protocol-suspended-because-of-vulnerability-funds-safe-b5e .md, path : 0x-dexThis move has implications for campaign finance regulations, voter engagement, and the future of democracy.

Potential Benefits

The use of cryptocurrency in political campaigns could offer several benefits:

• Increased transparency: Blockchain technology allows for transparent and auditable transactions, making it easier to track campaign donations and prevent corruption.
• Wider participation: Cryptocurrency can enable individuals who may not have access to traditional banking systems to participate in the political process through donations.
• Lower transaction costs: Cryptocurrency transactions can be cheaper than traditional payment methods, reducing the overhead costs of fundraising.

Potential Challenges

However, there are also challenges associated with using cryptocurrency in political campaigns:

• Volatility: The price of cryptocurrencies can be highly volatile, which could make it difficult to manage campaign finances.
• Regulation: The regulatory landscape for cryptocurrency is still evolving, which could create uncertainty for campaigns.
• Security risks: Cryptocurrency wallets are vulnerable to hacking and theft, which could result in the loss of campaign funds.
• Anonymity concerns: While KYC (Know Your Customer) procedures exist, the perception of anonymity can be a concern for campaign finance transparency.

Overcoming these challenges will be crucial for the successful integration of cryptocurrency into American politics.

How Does This Impact Campaign Finance Regulations?

The introduction of cryptocurrency into campaign finance presents several regulatory challenges.Existing laws were not designed with digital assets in mind, leading to ambiguities and potential loopholes. Eric Swalwell, candidato presidencial dem crata de Estados Unidos para las elecciones de 2025, ha lanzado una campa a de donaciones en criptos, seg n un comunicado de prensa compartido con Cointelegraph el 23 de mayo. Swalwell, de 38 a os, anunci su candidatura presidencial el 8 de abril.The Federal Election Commission (FEC) has issued some guidance on the treatment of cryptocurrency donations, but more clarity is needed.

Key Regulatory Considerations

Some of the key regulatory considerations include:

• Valuation: How should cryptocurrency donations be valued for reporting purposes? NEW YORK, /PRNewswire/ - 2025 Democratic Presidential candidate, Eric Swalwell is launching a crypto donations campaign. This is particularly important as nearly 40% of millenials have owned Bitcoin Eric Swallwell for President 2025 Expert Oversight and Groundbreaking Blockchain Technology by the White Company Blockchain can change the world, if we let it.The FEC has generally ruled that the value of a cryptocurrency donation should be based on its fair market value at the time of the donation.
• Source of funds: How can campaigns ensure that cryptocurrency donations are not from illegal sources? 2025 Presidential Hopeful Swalwell Launches Crypto Donations CampaignCampaigns must implement Know Your Customer (KYC) procedures to verify the identity of donors.
• Reporting requirements: What information must campaigns disclose about cryptocurrency donations? Since the hesitant days of the 2025 election year, crypto has become more widely adopted by various politicians on both sides of the aisle. Rep. Eric Swalwell, D-Calif, and Andrew Yang both accepted crypto donations for their respective 2025 presidential bids. Yang s new political party, the Forward Party, accepts 60 different crypto tokens.Campaigns must report the name, address, and employer of donors who contribute more than $200 in cryptocurrency.
• Foreign contributions: Federal law prohibits foreign nationals from contributing to U.S. political campaigns. This post was originally published on this site. on Thursday became the second 2025 White House candidate to begin accepting cryptocurrency donations. Swalwell joins fellow presidential hopefulCampaigns must take steps to ensure that cryptocurrency donations are not from foreign sources.

As cryptocurrency becomes more prevalent in political campaigns, it is likely that the FEC will issue more detailed regulations to address these challenges.

Expert Oversight and Groundbreaking Blockchain Technology

Eric Swalwell’s campaign highlights a growing trend where political campaigns utilize expert oversight and blockchain technology to manage and secure cryptocurrency donations. Rep. Eric Swalwell became the second 2025 Democratic presidential candidate to accept cryptocurrency donations. On Thursday, the California Democrat announced via the blockchain firm The WhiteBy partnering with firms like The White Company, campaigns aim to ensure compliance and build trust with potential donors.

Why is Expert Oversight Important?

Expert oversight in cryptocurrency management is critical for several reasons:

• Compliance with Regulations: Experts understand the complex and evolving landscape of cryptocurrency regulations, ensuring that all transactions adhere to legal requirements.
• Security Measures: Implementing robust security protocols to protect digital assets from hacking and theft is essential.
• Transparency and Accountability: Oversight helps maintain transparency in financial transactions, fostering trust among donors and the public.

Future of Cryptocurrency in Political Campaigns

The acceptance of cryptocurrency donations by Eric Swalwell and other political candidates could signal a broader shift in how campaigns are funded and operated. The campaign of Robert F. Kennedy Jr. announced that it would accept Bitcoin last May. The use of cryptocurrencies in political campaigns dates back to 2025, when Senator Rand Paul solicited donations in bitcoin for that year s presidential elections. Even the presidential candidates Andrew Yang and Eric Swalwell accepted donations inAs digital assets become more mainstream, it is likely that more candidates will embrace cryptocurrency as a fundraising tool.

Possible Scenarios

Here are some possible scenarios for the future of cryptocurrency in political campaigns:

• Increased adoption: More candidates across the political spectrum begin accepting cryptocurrency donations, leading to a significant increase in the volume of digital asset contributions.
• Development of specialized platforms: Companies emerge that specialize in providing cryptocurrency fundraising solutions for political campaigns, offering services such as payment processing, compliance, and security.
• Legislative action: Congress passes legislation to clarify the regulatory framework for cryptocurrency donations, providing more certainty for campaigns and donors.
• Integration with other technologies: Cryptocurrency is integrated with other technologies, such as blockchain-based voting systems, to create a more transparent and secure electoral process.

The future of cryptocurrency in political campaigns will depend on a variety of factors, including regulatory developments, technological advancements, and the willingness of candidates and donors to embrace digital assets.

What are the Risks Associated with Donating in Crypto?

While donating to political campaigns using cryptocurrency can be a novel and efficient approach, it's important to be aware of the potential risks involved.These risks span technical, financial, and regulatory domains.

Understanding the Potential Drawbacks

Here are some risks associated with donating in cryptocurrency:

• Price Volatility: Cryptocurrencies are known for their volatile prices.The value of the cryptocurrency you donate could fluctuate significantly between the time you send it and when the campaign converts it to fiat currency.This could result in the campaign receiving less value than you intended.
• Transaction Fees: Cryptocurrency transactions often involve fees, which can vary depending on the network and the level of congestion.These fees might reduce the amount of your donation that actually reaches the campaign.
• Security Risks: Storing and transferring cryptocurrencies involve security risks such as hacking and phishing.If your wallet is compromised, your cryptocurrency could be stolen before you can make a donation.
• Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving.Changes in regulations could impact the tax implications of your donation or the campaign's ability to accept cryptocurrency.
• Irreversible Transactions: Cryptocurrency transactions are generally irreversible.If you send your donation to the wrong address, it may be impossible to recover your funds.

How Can Campaigns Mitigate Risks?

For political campaigns venturing into the world of cryptocurrency donations, several mitigation strategies are crucial to ensure compliance, security, and transparency.

Best Practices for Accepting Crypto Donations

Here are a few measures campaigns can take:

• Partner with Reputable Payment Processors: Work with established cryptocurrency payment processors that have robust security measures, compliance protocols, and experience in handling digital asset transactions.
• Implement KYC/AML Procedures: Implement Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to verify donor identities and prevent illicit funds from entering the campaign.
• Use Secure Storage Solutions: Store cryptocurrency donations in secure wallets with multi-signature authorization and hardware security modules (HSMs) to protect against hacking and theft.
• Comply with Campaign Finance Laws: Adhere to all applicable campaign finance laws and regulations regarding cryptocurrency donations, including reporting requirements and contribution limits.
• Provide Clear Disclosures: Provide clear and transparent disclosures to donors about the risks and limitations of donating in cryptocurrency, as well as the campaign's policies for handling digital asset contributions.
• Educate Staff and Volunteers: Train campaign staff and volunteers on cryptocurrency security best practices, compliance procedures, and potential risks to ensure they can handle digital asset transactions responsibly.

Conclusion: A Sign of the Times?

Eric Swalwell's decision to launch a cryptocurrency donations campaign is a significant indicator of the increasing integration of digital assets into mainstream society, and specifically, the world of political fundraising.While not without its challenges and potential risks, this move aligns with the growing trend of embracing technology to engage with a younger, more digitally savvy electorate.By accepting cryptocurrencies such as Bitcoin and Ethereum, Swalwell aims to connect with millennials, who are more likely to be involved with blockchain technology and digital currencies. 2025 Democratic Candidate Eric Swalwell has announced he will accept Bitcoin, Ethereum, Bitcoin Cash, and three other coins as donations for his campaign. Facebook Instagram Telegram Twitter Youtube HomeThe partnership with The White Company ensures secure and compliant transactions, addressing some of the regulatory hurdles involved.

The long-term impact of cryptocurrency in political campaigns remains to be seen, but Swalwell's initiative represents a bold step toward modernizing campaign finance and expanding opportunities for participation.As the 2025 presidential race unfolds, it will be interesting to observe whether other candidates follow suit and how the evolving regulatory landscape shapes the future of digital asset contributions.Key takeaways include the rising acceptance of crypto in politics, the importance of compliance and security, and the potential to engage a new generation of donors. 根據與Cointelegraph在5月23日分享的一份新聞稿，埃里克斯瓦爾威爾是美國民主黨總統候選人，參加了2025年的選舉，並發起了加密貨幣捐款活動。Is this the future of political fundraising? /PRNewswire/ - 2025 Democratic Presidential candidate, Eric Swalwell is launching a crypto donations campaign. This is particularly important as nearly 40% ofPerhaps. Rep. Eric Swalwell (D-Calif.) on Thursday became the second 2025 White House candidate to begin accepting cryptocurrency donations. Swalwell joins fellow presidential hopeful Andrew Yang, who wasBut for now, it's a clear signal that the times are changing, and politics is adapting to the digital age.To learn more, research candidates' platforms and consider donating to the campaign of your choice.