Last week, David Mitrani discussed the Federal Election Commission’s recent Advisory Opinion on bitcoin contributions with the New York Times, and with Vice News.
The FEC held that a federal campaign or committee may accept bitcoin contributions, if certain safeguards are implemented.
“. . .that the FEC has laid out a clear path for accepting bitcoin contributions. But he says it won’t be as simple as a PAC saying they want to accept the system. For example, they’ll have to implement a new software program to accept and legitimize the funds.”
The FEC’s opinion on accepting bitcoin contributions can be found here.