Stockman Enters Legal Gray Area With Bitcoin Donations

U.S. Rep. Steve Stockman, a Friendswood Republican with a history of flouting campaign finance laws, entered a new legal gray area this week when he announced his campaign can now accept donations in Bitcoin, a private virtual currency.

Stockman, who is challenging U.S. Sen. John Cornyn of Texas in this year’s Republican primary, was attending an event promoting the NYC Bitcoin Center in New York's financial district earlier this week when he told a reporter with Business Insider that his campaign could now accept Bitcoin donations. Stockman appeared to confirm the report by posting it on ...

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