Today, David Mitrani discussed the Federal Election Commission’s recemt advisory opinion on bitcoin contributions with CQ Roll Call, noting that:
“The important thing here is that the FEC actually agreed on the process,” concurred David Mitrani, an associate at Sandler Reiff Lamb Rosenstein and Birkenstock. But Mitrani acknowledged that the FEC’s frequent internal disputes can leave things hazy for political players: “When the commission votes 3-3, what does it mean?”
The FEC held that a federal campaign or committee may accept bitcoin contributions, if certain safeguards are implemented. Candidates have already begun to accept bitcoin contributions under the new system.
The entire CQ Roll Call article can be found here.