FEC Will Not Allow Bitcoin Campaign Contributions 49
First time accepted submitter memnock writes "ABC new reports: 'Political organizations can't accept contributions in the form of bitcoins, at least for now, The Federal Election Commission said Thursday. The commission passed on a request by the Conservative Action Fund, a political action committee, to use the digital currency. That group had asked the FEC recently whether it could accept bitcoins, how it could spend them and how donors must report those contributions. It was not immediately clear whether the same ruling would apply to individual political candidates.' Slashdot reported earlier this week that other federal agencies have taken positions that may recognize or regulate the currency."
sure they can. (Score:4, Informative)
through a provider that converts them for cash and gives that cash and provided the contributor states his name(presumably this is a condition for these donations in usa?).
that's how just about any site selling something for bitcoin operates anyways - the site receives dollars or euros from the payment processor.. the site never sees the bitcoin.