National Republican Congressional Committee + Cryptocurrency

What’s happening? National Republican Congressional Committee has announced it will accept cryptocurrency as campaign contributions

Why is this important? They’ve agreed to use a payment service– BitPay the crypto will be converted to cash. The cash will be deposited thereby circumventing the Federal Election Commission’s $100 cap on cryptocurrency.

How will this be important? As if, the FEC loophole isn’t enough. But, we’ll also see more states open to crypto for campaign contributions.

The Hill | Republican House campaign arm says it will begin soliciting cryptocurrency donations