Political Group Backing Joe Biden Starts Accepting Bitcoin

Stan Higgins
Jun 12, 2015 at 18:50 UTC
Updated Feb 4, 2019 at 22:25 UTC
news

A political action committee pushing for US Vice President Joe Biden to seek the presidency has announced it will accept bitcoin donations.

Draft Biden 2016, according to a report by The Hill, will accept donations in the digital currency. The campaign is using BitPay as a payments processor, allowing donors to contribute up to $100 in bitcoin per year as an in-kind donation.

“This is in keeping with Vice President Biden’s strong support of technology and innovation throughout his career,” Draft Biden 2016 director Joseph Schweitzer told the publication.

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The US Federal Election Commission ruled in favor of bitcoin donations last year, following requests from several political campaigns looking to solicit support through the digital currency.

Earlier this year, the presidential campaign for US Senator Rand Paul announced it was accepting bitcoin.

Joe Biden image via Drop of Light / Shutterstock.com

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