MoonPay Donates $1 Million To Stand With Crypto Ahead Of 2024 Elections
MoonPay confirmed to Cryptonews on Monday that it has donated $1 million to the digital advocacy group Stand With Crypto ahead of the 2024 elections.
“Today, two things are abundantly clear: this year’s election will define the future of our industry in the United States, and it is our responsibility to step up and stand alongside those organizations that want to positively advance crypto innovation for everyone,” the crypto payment service said in a statement.
Founded by Ivan Soto-Wright and Victor Faramond in 2019, MoonPay donated because of “mounting regulatory pressure” on the blockchain industry.
As a crypto company founded in America, we’re proud to #StandWithCrypto and have made a donation to support their efforts in this pivotal year for our industry.
Here’s the note our CEO shared with everyone at MoonPay this morning: pic.twitter.com/PzXxjF3FaZ
— MoonPay
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