Cryptocurrencies

Crypto Creeps Into U.S. Politics as Candidates Offer NFTs

  • House, Senate contenders use tokens like campaign merchandise
  • Regulation, public awareness questions linger in midterms

NFT.NYC signage outside the Nasdaq MarketSite during the Annual Non-Fungible Token (NFT) Event in New York, U.S., on Tuesday, Nov. 2, 2021.

Photographer: Michael Nagle/Bloomberg
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Congressional candidates are beginning to break into the world of cryptocurrency by selling non-fungible tokens to help finance their campaigns in the midterm elections.

Democrat Shrina Kurani, an engineer who’s running for a House seat in California, and Republican Blake Masters, who’s vying for the Senate in Arizona, have offered NFTs as incentives for donors, to varying degrees of success.