Wisconsin Mulls Allowing Bitcoin Donations for Political Campaigns

Ethics officials in the U.S. state of Wisconsin are divided on whether to allow political campaigns to accept campaign donations in bitcoin and other cryptocurrencies. If Wisconsin approves the move, it will join Montana, Washington, D.C., and the U.S. federal government in allowing cryptocurrency campaign contributions.

At a hearing on April 24, the Wisconsin Ethics Commission debated the issue but did not make an immediate decision, WiscNews reported. Leading the charge in favor of bitcoin donations was Phil Anderson, chairman of the Wisconsin Libertarian Party. Anderson argued that cryptocurrencies “are more and more widely accepted as currency and as stores of value…The Chicago Board Options Exchange offers a futures market for bitcoin. And other financial platforms, corporations, and governments are weighing in on not ‘whether’ to address cryptocurrencies, but ‘how.’”

Reference: https://www.ccn.com/wisconsin-mulls-allowing-bitcoin-donations-for-political-campaigns/

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