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Kraken Announces $1 million Donation to Trump Campaign

Kraken co-founder Jesse Powell said on his social platform that he personally donated $1 million to the Trump campaign, mainly in ETH. Powell said the crypto industry has long been under attack from Elizabeth Warren, Gensler and others. Despite bipartisan efforts in Congress to set clear rules, the Biden administration has stood by and allowed law enforcement to conduct unfettered regulation, which is undermining US competitiveness as other major economies around the world roll out clear rules for digital assets.