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California to Allow CryptoCurrency Campaign Donations

All Cryptocurrencies

by COINS NEWS 135 Views

tldr; California's Fair Political Practices Commission has approved new rules allowing candidates for state and local offices to accept donations of digital currencies such as bitcoin. The new rules will take effect within 60 days. Candidates must use a registered cryptocurrency processor to handle the transaction that will collect the name, address, occupation and employer of each contributor.

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