The NFTs are already part of the campaigns to enter the United States Congress

The NFTs are already part of the campaigns to enter the United States Congress

For his part, Masters made $ 570 thousand in the sale of the book “Zero to One” by Peter Thiel, co-founder of PayPal along with Elon Musk, in NFT format.

Cynthia Lummis, current Republican Senator for the state of Wyoming, he also said he accepts Bitcoin as part of your campaign donations.

Regulations for its use are in a gray areaAccording to Criptonoticias, “in 2014, an advisory opinion requested that the donations in bitcoin they will be limited to payments of no more than $ 100, as is the case with cash donations. This under the allegation of how difficult it is to trace the origin of funds through bitcoin. “

Despite the request, when donations in Bitcoin were regulated, they were made under the same statutes as other previously accepted forms of payment, invalidating the requirement of the limit of US $ 100. “Due to this, the use of NFT falls within this framework of regulations, in the absence of clearer laws that define the use of NFT within electoral campaigns,” the same outlet closed.

Source From: Ambito

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