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California to Allow Cryptocurrency Campaign Donations: Details

California to Allow Cryptocurrency Campaign Donations, if Immediately Converted to US Dollars

Candidates for state and local offices in California will soon be able to accept cryptocurrency campaign donations. The Fair Political Practices Commission voted Thursday to approve new rules allowing the donations for digital currencies such as Bitcoin. The new rules say candidates can accept cryptocurrency donations if they immediately convert the digital currency into US dollars. They must also use a registered cryptocurrency processor to…


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