American lawmakers will be given …

US lawmakers will be given $ 50 each in bitcoin

The Political Action Committee of the House of Digital Commerce will donate $ 50 in bitcoin to the campaigns of each member of the US Congress, writes CoinDesk.

According to the founder of the NGO, Perjanne Boring, the Crypto for Congress initiative aims to raise awareness and provide an opportunity for every congressman to independently work with blockchain and cryptocurrency. An online educational program and a set of tools will also be organized to help members of Congress get to know Bitcoin better..

“One of the biggest challenges is that people just don’t understand what we are talking about,” Boring said. She expects the Senate and House of Representatives to gain a better understanding of cryptocurrencies through Crypto for Congress, which could be reflected in their initiatives on, for example, taxation and regulatory powers..

After receiving the appropriate notification of the transfer of cryptocurrency, the congressman will be able to accept it, send it to charity or refuse.

American lawmakers will be given ...

“Crypto for Congress provides an opportunity for the entire Congressional community to join the generational change in finance and technology,” said Rep. Tom Emmer, an active supporter of the cryptocurrency space..

All bitcoins under the initiative were mined by American companies Core Scientific and Luxor. “We are giving away the pure bitcoins that were mined here,” added Boring.

American lawmakers will be given ...

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