Is Kamala Harris accepting crypto donations and the NYAG joins a regulatory offensive against Uniswap?

This is CoinDesk Daily. I'm your host, Jen Sanasi.

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 PAC and not the campaign that has onboarded with Coinbase

Commerce to accept crypto donations. Future Forward is a hybrid pack first used for President Joe Biden

that can contribute directly to the campaign

or pay for independent advertising that's not coordinated 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 Uniswap. Over the course of the last month,

the NYAG office has sent subpoenas to VC firms that have invested in Uniswap, including A16Z and

Union Square Ventures. That's according to sources. A spokesperson for Uniswap told CoinDesk that they

do not wish, quote, the burden of unnecessary subpoenas on anyone, end quote. Separately, the CFTC

ordered the defy 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 Robin Hood crypto, a $3.9 million settlement with the state of California.

Under the settlement, Robin Hood 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 CoinDesk Daily. Get more updates on CoinDesk.com, and we'll see you next time.