Full story here: http://cryptocoinjunky.com/colorado-could-soon-accept-cryptocurrency-for-political-campaigns/

The Denver Post reports today that political candidates could soon accept Bitcoin or other cryptocurrencies as a part of political contributions to Colorado State campaigns.

Wayne Williams, the Secretary Of State, drafted rules on May 16 which would allow donations of cryptocurrency within political campaigns.

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US Federal Election Commission (FEC) has already approved Bitcoin donations for political campaigns. Each donation would give the campaign 10 days to transfer cryptocurrency into each individual campaigns depository.

The cryptocurrency would be treated as cash donations. The value would be determined at the time each donation is deposited. Colorado’s deputy secretary of state said that there could potentially be a problem regarding accounting, however they’re going along for the ride at the moment.

Full story here: http://cryptocoinjunky.com/colorado-could-soon-accept-cryptocurrency-for-political-campaigns/