Political Group Backing Joe Biden Starts Accepting Bitcoin
A political action committee pushing for US Vice President Joe Biden to seek the presidency has announced it will accept bitcoin donations. Draft Biden 2016, according to a report by The Hill, will accept donations in the digital currency. The campaign is using BitPay as a payments processor, allowing donors to contribute up to $100 in bitcoin per year as an in-kind donation. "This is in keeping with Vice President Biden's strong support of technology and innovation throughout his career," Draft Biden 2016 director Joseph Schweitzer told the publication. The US Federal Election Commission....
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A political group supporting US Vice President Joe Biden's bid for presidency has announced that they are accepting bitcoin donations. The group called "Draft Biden 2016" will make use of BitPay as its payments processor, which allows donors to make bitcoin donations amounting to as much as $100 per year. "This is in keeping with Vice President Biden's strong support of technology and innovation throughout his career," Draft Biden 2016 director Joseph Schweitzer told The Hill. Bitcoin Donations for Political Causes. Several political campaigns have been looking to solicit support through....
On the heels of the last stimulus package, U.S. President Joe Biden is creating more legislation that may lead to a massive $3 trillion package dedicated to domestic needs and infrastructure. The recent discussions with Biden and Senate Democrats honed in on the political party’s “Build Back Better” campaign. The recent stimulus talks have a few economists feeling optimistic about the future of the American economy, while Treasury Secretary Janet Yellen has said: “the next stimulus bill will have to be paid for through higher tax rates.” Biden and Senate....
How do you get lawmakers to understand the concept of bitcoin and digital currency in the most effective way possible? It's a question that's been answered by BitPay (a bitcoin digital payments processor) and CoinVox (a bitcoin services firm for political organizations). The two companies have teamed together to offer an "all-in-one" solution for political candidates, political action committees and political organizations to easily accept bitcoin donations. The integration will effectively allow political groups to securely accept contributions/donations while remaining compliant with....
Bitcoin officially infiltrated one of the two major United States political parties this weekend when the Louisiana Republican Party (LAGOP) began accepting bitcoin donations. "The party hasn't publicly launched our bitcoin donation page, but the link went live over the weekend," LAGOP Executive Director Jason Doré told CCN. "We plan to do a public launch later this week." While the Libertarian Party was the first political party to accept bitcoin donations back in April 2013, the Louisiana Republican Party says they are the first major state political party to accept donations via the....
The 6-member panel voted unanimously to allow the contributions, a move that could open the floodgates for donors to make political contributions with the digital currency in the upcoming midterm elections. The decision means that political groups or candidates can accept Bitcoin if they abide by the same guidelines that the political group Make Your Laws set forth when it asked for the commission’s approval. Bitcoin political contributions would be clearly identified and limited. Proponents say it’s a sign of increased acceptance of the upstart currency, as more businesses and individuals....