Federal Election Commission rules requested on Bitcoin campaign donations

“Coming soon to a political campaign near you: Bitcoin donations? The Federal Election Commission is poised to determine rules governing donations made in Bitcoins and how they apply to political campaigns.  ‘As increasing numbers of individuals trade in Bitcoin, political parties and candidates also wish to accept and spend this new currency,’ Dan Backer of DB Capitol Strategies wrote in the request. The request lays out 24 technical questions for the FEC regarding the use of Bitcoin as political contributions.  Backer told POLITICO that he expects that by 2014, many federal candidates will be interested in accepting the currency — and that many donors will demand it.

http://www.politico.com/story/2013/09/bitcoin-campaign-donations-96301.html

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