RATE Group | US Presidential Candidate accepting donations in Bitcoin (BTC) and Ethereum (ETC)
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US Presidential Candidate accepting donations in Bitcoin (BTC) and Ethereum (ETC)

US Presidential Candidate accepting donations in Bitcoin (BTC) and Ethereum (ETC)

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US presidential hopeful Andrew Yang has announced that he his campaign will now accept Bitcoin, Ethereum and “anything on the ERC20 standard.”

Mr. Yang is hoping to be chosen as the Democratic party’s choice for the presidential election in 2020. Although few expect him to be successful, his campaign could prove a useful test case for other candidates.

Campaign finance regulations make it difficult for anyone running for office to accept payments in cryptocurrency. The chief problem is that donations cannot be made anonymously.

Yang’s campaign has created a list of instructions for potential donors. First, donors must provide personal details. Once…

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