The U.S. Federal Election Committee said on Thursday that the virtual currency, bitcoin, could be used for donations to political action committees under certain conditions. In a unanimous vote, the FEC, which enforces U.S. campaign finance laws, said a political committee could accept donations in bitcoins up to an individual limit of $100 for each […]
The Federal Election Commission today unanimously gave its approval for political committees to accept donations in bitcoin. In a 6-0 decision, the FEC said campaigns can accept BTC donations worth $100 or less, which currently works out to a fraction of a single bitcoin. Even with the $100 limit, its a significant boost for the […]
When the United States government was shut down back in October, all of the Federal Election Commissions (FEC) employees were furloughed. Chinese hackers reportedly took the opportunity to breach the agencys computer systems. According to the Center for Public Integrity, the attack came shortly after an independent auditor warned that the FECs systems were highly […]
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