Skip to main content

Stockman Says Campaign Accepting Bitcoin Donations

Though the Federal Elections Commission has not authorized them, U.S. Rep. Steve Stockman, R-Friendswood, said he is now accepting donations via Bitcoin, a virtual currency.

Lead image for this article

U.S. Rep. Steve Stockman, R-Friendswood, says his campaign for U.S. Senate is now taking donations via Bitcoin, a private virtual currency, but the Federal Elections Commission has not yet agreed to allow such donations.

Stockman was attending an event promoting the NYC Bitcoin Center in New York City earlier this week when he told a reporter with Business Insider that his campaign could now accept Bitcoin donations. Stockman appeared to confirm the story by linking to it on Facebook and Twitter. As of Thursday morning, his campaign website’s donation page made no mention of Bitcoin.

Stockman’s campaign did not return a request for comment Thursday morning.

In November, the FEC considered whether to allow federal candidates and political action committees to accept Bitcoin donations. The committee deadlocked, 3-3. An FEC spokesman confirmed that the commission has not taken up the issue since the November vote.

Stockman is challenging U.S. Sen. John Cornyn, R-Texas, in the March primary.

Texas Tribune donors or members may be quoted or mentioned in our stories, or may be the subject of them. For a complete list of contributors, click here.

Quality journalism doesn't come free

Yes, I'll donate today