California to allow Bitcoin and crypto campaign donations

Politicians running for state and local offices will soon be able to accept campaign donations in crypto such as Bitcoin (BTC) or Ethereum (ETH). On Thursday, the Fair Political Practices Commission voted to approve new rules allowing candidates to accept campaign donations in digital currencies, the Los Angeles Times reported. In 2018, California imposed a ban on crypto donations for campaigns and became one of the nine states that banned political contributions in crypto due to concerns about its transparency and Know Your Customer (KYC) issues, according to Cointelegraph. The Fair...



source: https://tokenpost.com/California-to-allow-Bitcoin-and-crypto-campaign-donations-9688

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