Massachusetts Allows Pirate Party to Collect Donations in Bitcoin
In response to a local pirate party's inquiry regarding accepting political donations in the form of bitcoin, the Commonwealth of Massachusetts has given group the green light to collect the digital currency - but not without with strict rules. The Massachusetts Office of Campaign and Political Finance wrote that the pirate party may accept bitcoin from any United States Citizen not exceeding $500. The funds cannot be spent by the pirate party themselves (treated similarly to stock donations, and must be converted to U. S. dollars within 5 days of receipt at a high-volume exchange that....
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