Feds Approve Bitcoins For Campaign Contributions

wochit politics
May 08, 2014 AT 1:47 PM
Bitcoin, the fast-growing digital currency, is coming to political campaigns. The Federal Election Commission unanimously approved its use as a political donation Thursday, after months of debate on the issue. Commissioners imposed several conditions. Among them: No anonymous bitcoin contributions will be allowed, and campaign treasurers must scrutinize the donations for "evidence of illegality.