🇺🇸 US election commission says crypto mining for political campaigns is ‘permissible’

The U.S. Federal Election Commission (FEC) has released a new draft opinion that clears the way for people to mine cryptocurrencies as a way to support their preferred candidates. In a memorandum dated Nov. 13, attorneys with the FEC responded to a proposal submitted in September by OsiaNetwork LLC, which at the time asked if individuals would be able to provide their computers’ processing power to mine cryptocurrencies. However, the FEC did not agree to classify these funds as a form of volunteering, which is what OsiaNetwork requested.

Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.

Suggested Research Based on your Watchlists

Create a new watchlist