US Senate Will Inspect the Impact of Cryptocurrencies on Elections

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The U.S. Senate is planning to estimate the influence of digital currencies on elections in America.

On June 26, The Senate’s Subcommittee on Crime and Terrorism will have a hearing called “Protecting Our Elections: Examining Shell Companies and Virtual Currencies as Avenues for Foreign Interference”.

The Federal Election Commission (FEC) has previously announced that BTC may be used as a donation for pre-election campaigns. Nevertheless, the maximum sum that can be donated is limited.

The most outstanding example of using cryptocurrencies in elections was in 2016, when candidate Rand Paul began receiving BTC donations