California campaign watchdog bans bitcoin political donations

RegulationSeptember 21, 2018, 10:45AM EDT
California campaign watchdog bans bitcoin political donations
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California's campaign watchdog, the Fair Political Practices Commission (FPPC), voted 3-1 in favor of a ban on campaign donations in cryptocurrencies. While other states have considered similar restrictions, the Federal Elections Commission currently allows crypto contributions to federal candidate campaigns. (Source: AP)