Officials in California, political candidates cryptocurrency prohibited from receiving donations. This ban is now lifted.
Officials in the state of California, political candidates in cryptocurrencies law prohibiting donations annulment decision took.
The new decision taken It will take effect within 60 days. Political candidates in California thus lost their support in cryptocurrencies can receive donations.
These donations via a US-based agent sent and normal Don’t exceed donation limits needs.
State officials Davin Bainbridge, after the new decision, “We have entered a new and ever-changing era.” said and added:
“As the industry develops, we may have to change this legislation. After all, this is a very new industry. But I believe that this regulation, on the one hand, allows for donations in cryptocurrencies, on the other hand, without breaking the law will provide.”
State of California allows political candidates to receive donations in cryptocurrencies in 2018 had banned. This new decision brought an end to the four-year ban.