cryptocurrency
Bulletins

House Republicans will now take crypto donations

The NRCC says it's the first national party committee to accept bitcoin and other cryptocurrencies.

The U.S. Capitol lit up at night.

The House Republicans' campaign arm said it's the first national party committee to open to contributions in cryptocurrencies.

Photo: Darren Halstead/Unsplash

House Republicans' campaign arm announced Thursday it would begin accepting campaign donations in cryptocurrencies via BitPay.

"This innovative technology will help provide Republicans the resources we need to succeed," the National Republican Congressional Committee said in a news release, adding it was the first national party committee to accept contributions in bitcoin and other cryptocurrencies.

The NRCC is hoping to retake control of the House of Representatives in the 2022 midterms.

Washington, including some members of the GOP, is also rushing to regulate cryptocurrencies, and the Federal Election Commission has a page detailing how to report bitcoin commissions on disclosures.

Ben Brody

Ben Brody (@ BenBrodyDC) is a senior reporter at Protocol focusing on how Congress, courts and agencies affect the online world we live in. He formerly covered tech policy and lobbying (including antitrust, Section 230 and privacy) at Bloomberg News, where he previously reported on the influence industry, government ethics and the 2016 presidential election. Before that, Ben covered business news at CNNMoney and AdAge, and all manner of stories in and around New York. He still loves appearing on the New York news radio he grew up with.

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