Wisconsin Government Accountability Board Forces Candidate To Return Bitcoin Donation
This morning, Pfhub reported that Alderman Mark Clear of Wisconsin had returned a Bitcoin donation accepted by his political campaign for State Assembly. The Wisconsin Government Accountability Board (GAB) had previously ruled not to allow Bitcoin or any Digital Currency donations given their value fluctuation and non-negotiable value status. Though people in the GAB have voiced suggestions for Bitcoin donations to be treated as in-kind donations, echoing the current status quo on handling Bitcoin donations around the country, the official word in Wisconsin that is being handed down to all....
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A politician from the US state of Wisconsin has returned a $100 bitcoin donation following guidance from the Government Accountability Board (GAB), a state-level campaign finance watchdog. As first publicised by the Wisconsin Reporter, Alderman Mark Clear, who is running for a seat in the state legislature, returned the donation after the GAB decided to wait for a forthcoming decision from the Federal Election Commission (FEC) as to the legality of such contributions. The FEC announced in late April that it had postponed its decision on bitcoin donations until its next meeting on 8th May.....
Now that federal-level political candidates have gotten the all-clear (more or less) from the Federal Election Commission to accept Bitcoin, state-level candidates want into the cool kids’ club too. Mark Clear, a Democrat running for a State Assembly seat in Madison, Wisconsin, has begun lobbying for local approval for state candidates to take Bitcoin donations. Clear attended a meeting of the state’s Government Accountability Board (GAB) last week to argue in favor of widening the Bitcoin-in-politics pool. “If Bitcoin is good enough for federal candidates, it ought to be good enough for....
The long-awaited decision by the US Federal Election Commission (FEC) to allow political candidates to solicit campaign contributions in bitcoin was issued earlier this May, effectively giving campaigns the green-light to accept up to $100 per donor. The decision, an advisory opinion, treats bitcoin as cash when establishing limits on donations, though they must be reported as in-kind contributions. As a result of this announcement, a number of federal candidates have rushed to begin accepting the digital currency, joining an already strong number of local and state politicians. However,....
The Ukrainian government has launched an official cryptocurrency donation website to raise funds in support of the Ukrainian armed forces and humanitarian aid programs in the fight against Russia. The donation platform is a collaboration between the Ministry of Digital Transformation of Ukraine, Everstake, and cryptocurrency exchange FTX.
Government’s Crypto Donation Website Now Live
The Ministry of Digital Transformation of Ukraine announced Monday that it has launched the official “Aid For Ukraine” website to raise funds in support of the Ukrainian....
George Galloway, London, U. K. mayoral candidate who is using block chain technology in running his 2016 campaign, has called for the city to adopt block chain technology to provide full public accountability of government business. Galloway was scheduled to present his outline for London's future today at the Railway Tavern in Liverpool Street. He was to be joined by Max Keiser, host of the "Keiser Report." Galloway and Keiser are promoters of MayorsChain, an initiative to use the block chain for managing government business. The Public's Right to Transparency. "Since governments spend....