Agenda Document No. 13-45-A (Drafts B And C).pdf

mtgdoc_13-45-a.pdf
Preview of Agenda Document No. 13-45-A (Drafts B and C)
🔗 Source: fec.gov
📊 Size: 372 KB
📄 Pages: 39 pages
⬇️ Downloads: 164

Summary

The Federal Election Commission (FEC) concludes that the Conservative Action Fund (CAF) may accept Bitcoins as in-kind contributions, but must value, report, and disburse them according to specific procedures. CAF may not make disbursements directly using Bitcoins, but must instead sell them and deposit the proceeds into its campaign depository before using the funds. The FEC allows CAF to accept Bitcoin contributions, but requires it to acquire and record contributor information, convert Bitcoins to US dollars, and deposit the funds into its bank account within a certain timeframe.

Description

The Federal Election Commission (FEC) concludes that the Conservative Action Fund (CAF) may accept Bitcoins as in-kind contributions, but must value, report,...

Technical Information

  • File Format: PDF
  • File Size: 372 KB
  • Pages: 39
  • Language: EN
  • Total Downloads: 164
  • Last Updated: 5 hours ago

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