Louisiana bill seeks to lay rules for cryptocurrency political donations

2022/03/07 08:52

Louisiana state legislature is considering a bill to facilitate crypto contributions to political campaigns, Cryptopotato reported. Sponsored by Republican Party Representative Mark Wright, the bill seeks to lay down a legal framework for making cryptocurrency donations to political parties and political leaders. While the bill wants to allow candidates, office-bearers, and political committees to accept cryptocurrency contributions, it will require their conversion into fiat money for expenditure.
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