Regulating the acceptance of cryptocurrency as a form of campaign contribution.
Died in Committee
Summary
The bill caps crypto contributions at $200 per donor for each primary or general election and requires those donations to be processed through a U.S.-based cryptocurrency payment processor that verifies donor identity. It also mandates that crypto be converted to U.S. dollars within three business days and reported as a cash contribution. The measure updates existing campaign‑finance limits to include digital currency and aims to improve transparency.
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