Robert F. Kennedy, Jr., told a stage Friday at Bitcoin Miami that his presidential campaign would accept bitcoin donations to cheers and whistles. Even past presidential contenders have accepted bitcoin, though Kennedy made the distinction that his campaign will be the first to use the Lightning Network.
Since the hesitant days of the 2016 election year, crypto has become more widely adopted by various politicians on both sides of the aisle. Rep. Eric Swalwell, D-Calif., and Andrew Yang both accepted crypto donations for their respective 2020 presidential bids. Yang’s new political party, the Forward Party, accepts 60 different crypto tokens.
Beyond the growing adoption among various politicians and political arms, making donations to candidates in the form of bitcoin has been ... expressly permitted since May 2014 by the Federal Election Commission (FEC), the regulatory agency responsible for enforcing campaign finance law in the US.