Bitcoin Campaign Donations Clear Another FEC Hurdle

The paper indicates that bitcoin can be accepted as “in-kind” contributions, but that they must be converted to dollars before they can be used.

“I applaud the FEC for acting quickly to recognize this and develop a thoughtful policy that gives donors and committees rules of the road to utilize this emerging technology,” Senator Tom Carper said in a statement, according to the media outlet.

For more on the FEC’s statements and its impact on bitcoin, read the full report here. 

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