Congressional Candidate Accepts Bitcoin Donations for 2018 Election Cycle | Bitcoin News

August 24, 2017

The US Federal Elections Commission (FEC) gave approval for political candidates to accept bitcoin back in 2014. According to the rules, this is a kind of “in-kind” donation, and each donor has a $100 cap on what they can provide. Once the candidate accepts it, they have 10 days to sale the bitcoin and place the returns into their campaign fund. An official document went into more detail:

Source: Congressional Candidate Accepts Bitcoin Donations for 2018 Election Cycle | Bitcoin News

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