Want to donate Bitcoin to your favorite candidate? California commission weighs crypto policy


Publish Date:
May 19, 2022
The Sacramento Bee
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Nate Persily, a Stanford professor and expert on campaign finance, said that he doesn’t see any issue with the FPPC allowing cryptocurrency donations.

“I don’t think that’s a problem. It’s just like anything else of value,” he said.

Persily likened it to someone donating a car or some other piece of property to a campaign, which is allowed.

“All of it needs to be disclosed and it has to be done within limits,” he said.

Persily said that concerns about the traceability of cryptocurrency are the valid, but that the same concerns apply to cash.

“Because of the volatility and the price of different crypto assets, it may be more difficult to assess whether the contribution is within the limits of California law, but that’s not a unique problem to this space,” he said.

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