Political Candidates US Accepting Bitcoin ?

in #bitcoin • 7 years ago

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A congressional candidate US announced he will be accepting bitcoin donations for his campaign. The politician is Patrick Nelson. He will be running for New York’s 21st Congressional Distric. He opted to use Bitpay for the transactions.

Nelson is not the first candidate to accept bitcoin donations either. Candidates accepting bitcoin was originally popularized by Rand Paul. He initiated taking cryptocurrency donations during the 2016 presidential campaign.

The US Federal Elections Commission (FEC) gave approval for political candidates to accept bitcoin back in 2014. Once the candidate accepts it, they have 10 days to sale the bitcoin and place the returns into their campaign fund

Source : https://news.bitcoin.com

7 years ago in #bitcoin by
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