Thanks to the Independent Political Report for the story…
“It’s an exciting new technology,” said Jeff Wood, the campaign treasurer and a self-described early adopter of bitcoin.
But as with any budding technology, federal agencies must examine how its use fits in with the law, including rules for campaign donations. The Federal Election Commission discussed the technology last week, while federal regulators and experts testified about it before two Senate committees.
The FEC plans to revisit the topic in the next year and may issue a set of rules. But the technology, embraced by some high-profile entrepreneurs who have invested in it, is already being accepted by the national Libertarian Party and some local chapters and candidates.
- Could Bitcoin affect the 2014 midterm elections? (dailydot.com)
- Bitcoin campaign donations have regulators scratching heads (latimes.com)