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Louisiana Bill Seeks to Lay Rules for Cryptocurrency Political Donations
Summary: Louisiana state legislature is considering a bill to facilitate crypto contributions to political campaigns. 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. House Bill No. 170 intends to “allow a candidate to receive campaign contributions in the ...
Louisiana state legislature is considering a bill to facilitate crypto contributions to political campaigns. 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.
House Bill No. 170 intends to “allow a candidate to receive campaign contributions in the form of cryptocurrency” by amending and reenacting existing laws. It wants the house to lay down the procedure for contributions, use, reporting, and other related matters for accepting such donations.
By Amy Liu
Tags: Bill,Cryptocurrency,donations,Louisiana
Link: Louisiana Bill Seeks to Lay Rules for Cryptocurrency Political Donations [Copy]
