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U.S. election panel approves bitcoin donations to political committees

WASHINGTON - The US Federal Election Committee said on Thursday that the virtual currency, bitcoin, could be used for donations to political action committees under certain conditions.

 

In a unanimous vote, the FEC, which enforces US campaign finance laws, said a political committee could accept donations in bitcoins up to an individual limit of $100 for each election cycle and could also purchase bitcoins. (Reuters)