Meet the US Politicians Who Are Embracing Bitcoin
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,....
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Politicians in the United States seem to be embracing Bitcoin. In the last two weeks, various states across the U.S. territory have pushed regulations, resolutions, and statements that acknowledge BTC as an asset on the path to gain broader adoption. House of Representatives of the Legislature of Louisiana published Resolution No. 33 to congratulate Bitcoin […]
With FinTech playing an increasing role in global affairs, it is perhaps not surprising that some governments and politicians are embracing innovations such as blockchain technology. Just yesterday, CoinDesk reported Blockchain CEO Peter Smith was one of the 31 executives to participate in a trade delegation led by the UK's Prime Minister David Cameron to promote FinTech businesses in Southeast Asia. This, however, is not the first time bitcoin and politics have come face to face. Here's a list of some of the most high profile politicians to embrace bitcoin and blockchain technology to....
As bureaucrats across the globe continue to ask the common citizenry for access to every financial decision they make, politicians and celebrities worldwide are hiding large amounts of wealth in tax havens according to the Pandora Papers. While American politicians like the Biden administration claim to be against tax corruption, some people view the U.S. as the world’s “main tax lagoon.”
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During the last month, the Biden administration and other....
Blythe Masters has been ranked #46 in Bloomberg's List of Most Influential People in Finance. She is the only representative of the FinTech industry in this list. List dominated by politicians. The list of 50 most influential people in the world of finance is dominated by politicians. 5 out of the top 6 spots are occupied by politicians of major nations – Theresa May (#1, PM of UK), Donald Trump (#2, US Presidential candidate), Hillary Clinton (#2, US Presidential Candidate), Xi Jinping (#4, Chinese President) and Angela Merkel (#6, Chancellor of Germany) Apart from politicians, central....
It seems that it’s becoming a trend for politicians to espouse the benefits of bitcoin — and that's not a bad thing!