A Louisianian lawmaker, Rep. Mark Wright, has introduced a new bill calling for the study of crypto campaign contributions was introduced late last week.

⠀

The bill, HR 180, would assign the Supervisory Committee on Campaign Finance Disclosure to investigate "issues surrounding the acceptance of campaign contributions in the form of crypto," according to the text.

⠀

The current draft highlights an opinion from the Federal Election Commission, which states a committee can accept Bitcoin as a campaign donation as long as they are stated as in-kind contributions.

⠀

According to the bill, there has been a higher interest all across the state in donating to campaigns using cryptocurrency.

⠀

Louisiana isn’t the only state interested in embracing crypto. Earlier this month, California’s Fair Political Practices Commission, or FPPC, had a “pre-notice discussion” on whether politicians in the state should be allowed to accept donations in cryptocurrencies, such as Bitcoin.

⠀

For more from us at Waivly, join our free fun-to-read and to-the-point newsletter enjoyed by hundreds of people across the internet every day of the week 👇