US County Treasurer Accepts Cryptocurrencies for Campaign Donations – Featured Bitcoin News

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US County Treasurer Accepts Cryptocurrencies for Campaign Donations

The treasurer of Lake County, Illinois, has announced that she is accepting cryptocurrencies for campaign donations. Supporters can donate bitcoin, bitcoin cash, dogecoin, litecoin, and more through Coinbase.

Cryptocurrency Donations

Illinois’ Lake County Treasurer Holly Kim announced Monday that her 2022 reelection campaign is accepting cryptocurrencies.

“While the Federal Election Commission has allowed cryptocurrency campaign donations since 2014, this will be the first time in Illinois that a campaign will do so,” the announcement details. Kim said:

I am always looking for creative ways to engage our community and I believe this is something that we can be a leader on.

“A vast array of businesses and organizations have been accepting digital currency and I am so excited to bring this opportunity to our local elections as well,” she opined.

Anyone wanting to donate cryptocurrency will have to fill out a donation form on her website. “After submitting the form, you will be taken to our donation page on the Coinbase platform,” the website explains.

Coinbase Commerce supports payment in a number of cryptocurrencies: bitcoin, ether, DAI, litecoin, dogecoin, bitcoin cash, or USD coin. DOGE support was added in July.

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campaign donations, Crypto Donations, Cryptocurrency Donations, holly kim, Illinois, treasurer crypto

Do you think all politicians should accept crypto donations? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

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