Author

Topic: [2014-05-08] FEC Rules PACs Can Accept Bitcoin Donations (Read 446 times)

legendary
Activity: 3766
Merit: 1217
Identification rules, my foot. Why can't we contribute anonymously? If we self-identify our-self while making the donations then there are chances that the rival party might think about retaliation.
b!z
legendary
Activity: 1582
Merit: 1010
Thanks for posting.

100 USD limit at the moment of donation and considered "in-kind". Are other in-kind donations limited to 100 USD?


http://www.coinbuzz.com/2014/05/09/fec-bitcoin-ruling/

“As with ‘bonds, securities, barter credit units…and works of art,’ it means that bitcoin contributions are now ‘by default’ permitted for up to $2,600 per campaign per year, $5,000 per PAC, $10,000 for state or local committees and $97,200 for national party committees, so long as recipients comply with disclosure and identification rules.”
hero member
Activity: 742
Merit: 500
Thanks for posting.

100 USD limit at the moment of donation and considered "in-kind". Are other in-kind donations limited to 100 USD?
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