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Political Group Backing Joe Biden Starts Accepting Bitcoin
A political action committee pushing for US Vice President Joe Biden to seek the presidency has announced it will accept bitcoin donations.
A political action committee pushing for US Vice President Joe Biden to seek the presidency has announced it will accept bitcoin donations.
STORY CONTINUES BELOW
, according to a report by The Hill, will accept donations in the digital currency. The campaign is using BitPay as a payments processor, allowing donors to contribute up to $100 in bitcoin per year as an in-kind donation.
“This is in keeping with Vice President Biden’s strong support of technology and innovation throughout his career,” Draft Biden 2016 director Joseph Schweitzer told the publication.
The US Federal Election Commission ruled in favor of bitcoin donations last year, following requests from several political campaigns looking to solicit support through the digital currency.
Earlier this year, the presidential campaign for US Senator Rand Paul announced it was accepting bitcoin.
Joe Biden image via Drop of Light / Shutterstock.com
Stan Higgins
A member of CoinDesk's full-time Editorial Staff since 2014, Stan has long been at the forefront of covering emerging developments in blockchain technology. Stan has previously contributed to financial websites, and is an avid reader of poetry.
Stan currently owns a small amount (<$500) worth of BTC, ENG and XTZ (See: Editorial Policy).
