Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
December 18, 2014

PAC Asks for Permission to Use Bitcoins

A federal political action committee has asked for permission to accept Bitcoins as political contributions.

The Conservative Action Fund PAC (CAF), a non-connected hybrid PAC, has requested an advisory opinion from the Federal Election Commission as to whether it may accept Bitcoins as contributions from individuals otherwise lawfully able to contribute and, if so, whether CAF may then itself contribute, sell, or directly spend these Bitcoins.

View the advisory opinion request.

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

  • Suralin

    I don’t see why not. Bitcoins might not be official government-issued currency, but for all their problems they are effectively currency nonetheless. If CAF wants to take the risk, that’s fine.

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