Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
September 2, 2015

Congressman Accepts Bitcoins While FEC Doesn’t

A Congressman has stated he will accept Bitcoins as contributions, after the Federal Election Commission could not agree on whether to permit their use as contributions.

Business Insider reported that Rep. Steve Stockman, R-Texas, is now accepting Bitcoins for campaign contributions to his 2014 campaign against Sen. John Cornyn, R-Texas. It is not clear if his campaign committee had actually received any Bitcoins.

In November, the Federal Election Commission failed to agree on Bitcoin use as a contribution. See earlier posting for details.

To search detailed money-in-politics databases, visit Political MoneyLine.

Comments (4)

  1. dcrecallmovement

    Jan. 2, 2014
    7:40 p.m.

    • dectra

      Jan. 3, 2014
      12:35 p.m.

      It’s not a recognized currency. It that stands, what’s to stop me from sending ‘monopoly’ money?

      • woodt

        Jan. 3, 2014
        1:09 p.m.

        Nothing.

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