“The nation’s election regulator says that groups can’t receive contributions in the form of Bitcoins, at least for now. The Federal Election Commission on Thursday passed on a request by the Conservative Action Fund to use the digital currency. It had asked the FEC whether it could accept Bitcoins, how it could spend them and how donors must report those contributions. Bitcoin is a cybercurrency that is relatively anonymous and is created and exchanged independently of any government or bank. Some retailers accept it, and the currency can be converted into cash after being deposited into virtual wallets.”
http://finance.yahoo.com/news/fec-donors-cant-bitcoins-contributions-162916315.html
(Visited 34 times, 1 visits today)
Related posts:
Interpol elects French woman as first female president
Dangerous Experiment in Fetal Engineering
Jittery Spaniards Seek Safety in Bitcoins
Obama signs Russian human rights law, angers Putin
Biden urges end to hacking, human rights abuses by China
Russian Stocks Now Cheaper Than Ever as Oil Rout Deepens
U.S. suspends joint military operations with Afghanistan after insider attacks
ECB Cuts Rates, Announces Stimulus to Combat Low Inflation
Documents burn as Trump escalates Russia conflict, ordering SF consulate vacated
Sweden tests blockchain technology for land registry
Donor sues GOP for fraud, racketeering after failed Obamacare repeal
Benghazi air space shut over security fears: Libya source
The wheels are coming off the whole of southern Europe
Bitcoin Mania Grips China
India bank run underway after $2B scam at state-run bank prompts bailout bill