Campaign TREND begets Regulatory TREND. An Ethics Commission + Campaign Contributions in Bitcoin = Regulations

State: Wisconsin

What did Wisconsin’s Ethics Commission do about bitcoin campaign contributions? The Ethics Commission Administrator asked the Legislature to make a determination on how to handle bitcoin contributions

What 2 policy reasons did the Ethics Commission give to the Legislature? 

  • “provide clarity to candidates and committees as to whether they may accept contributions of cryptocurrency.”
  • concern over the anonimity of bitcoin contributions

What prompted bitcoin as campaign contributions in Wisconsin? A request from the Libertarian party to allow for bitcoin contributions

3 Governmental entities allow bitcoin contributions:

  •  federal government
  • Montana
  • Washington, D.C.

Tampa Bay Times via AP | Ethics Commission asks Legislature to decide bitcoins