Is Kamala Harris Accepting Crypto Donations? NYAG Subpoenas VC Giants About Uniswap

Is Kamala Harris accepting crypto donations and the Nyag joins a regulatory offensive against Unis Wap. You're watching Coin Desk Daily, I'm your host, Jen Sani is Kamala Harris taking crypto donations. Yes, but not directly into her campaign. A Coinbase spokesperson came out and clarified that it is the Future Forward USA pack and not the campaign that has on boarded with Coinbase Commerce to accept crypto donations. Future Forward is a hybrid pack for used for President Joe Biden that can contribute directly to the campaign or pay for independent advertising that's not coordinating with Harris's camp while the Harris campaign isn't taking crypto contributions directly future forward USA. And the development is possibly a signal that Democrats are warming to cryptocurrencies. New York State Attorney General Letitia James has joined a regulatory offensive against Cryptocurrency trading platform, Unis swap. Over the course of the last month, the Nyag Office has sent subpoenas to VC firms that have invested in UNIS swap including a 16 Z and Union Square Ventures. That's according to sources, a spokesperson for told Coindesk that they do not wish quote the burden of unnecessary subpoenas on anyone end quote. Separately, the CFTC ordered the DFI giant to pay a $175,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act. That's according to a press release from the agency and Robin Hood's Crypto trading subsidiary used to prevent customers from withdrawing the tokens they bought. Although the popular trading app abandoned the policy in 2022 the previous ban on withdrawals caused Robinhood crypto a $3.9 million settlement with the state of California under the settlement, Robinhood must continue to allow its customers to withdraw their cryptocurrencies from the app as well as update disclosures regarding its custody practices. That's it for coin desk daily, get more updates on Coin desk.com and we'll see you next time.