“The Pirate Party is pleased that the Massachusetts Office of Campaign and Political Finance (OCPF) ruled that registered political committees can now accept donations in bitcoins. The OCPF’s advisory opinion was in response to the Massachusetts Pirate Party’s inquiry into the rules governing bitcoin donations to political action committees. The OCPF determined that political committees could accept bitcoin contributions, subject to existing disclosure requirements and contribution limits. Political campaigns would need to convert bitcoins into US dollars within five days of receiving them, just like other financial assets such as stocks and bonds.”
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