Political Campaigns May Shortly Officially Travel Accepting Cryptocurrency Donations...

Colorado Secretary of State Wayne Williams has released a proposal to officially allow, together with render guidelines for candidates to have political donations inwards cryptocurrencies - something that has fallen nether a 'grey area' until now.

As stated inwards the draft proposal:

"A COMMITTEE MAY ACCEPT CONTRIBUTIONS IN CRYPTOCURRENCY, UP TO THE ACCEPTABLE LIMIT FOR Influenza A virus subtype H5N1 CASH OR COIN CONTRIBUTION. THE AMOUNT OF THE CONTRIBUTION IS THE VALUE OF THE CRYPTOCURRENCY AT THE TIME OF THE CONTRIBUTION. THE COMMITTEE MUST REPORT ANY GAIN OR LOSS AFTER THE CONTRIBUTION AS OTHER INCOME OR RECEIPTS."

Also worth noting - cryptocurrency isn't novel to Colorado politicians. Jared Polis claims to accept been the get-go pol to have a cryptocurrency donation, when he received $2,000 inwards Bitcoin for his 2014 congressional election, he's currently running for Governor of the state.

If this turns out to survive a successful method to heighten funds - trust me, politicians everywhere volition survive jumping on board.

The amount draft proposal tin survive viewed here.

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Author: Ross Davis
E-Mail: Ross@GlobalCryptoPress.com Twitter:@RossFM
San Francisco News Desk