Express

Louisiana Bill Seeks to Lay Rules for Cryptocurrency Political Donations

Amy Liu

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

Last Update:

Tags: ,,,
Link: Louisiana Bill Seeks to Lay Rules for Cryptocurrency Political Donations   [Copy]
  • Parallelized EVMs: The Solana Killer? 4 days ago
  • Bitcoin: The Ultimate Memecoin? 8 days ago
  • Memecoin Mania: Is it Here to Stay or Should You Avoid? 9 days ago
  • LayerZero vs Wormhole vs Axelar vs Chainlink: What’s the Best Interoperability Protocol? 12 days ago
  • Blockchain Platform Berachain Raises $69 Million At $1.5 Billion Valuation 13 days ago
  • You need to login to comment.