National Blockchain Committee: Difference between revisions

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National Blockchain Committee (view source)

Revision as of 23:37, 6 January 2019

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=== State Knowledge Base === Find information state cryptocurrency donation rules, blockchain regulations and state based blockchain businesses. * For 2018 crypto legislation as of July 2018, you can check out: http://www.ncsl.org/research/financial-...
(state campaign donation links)
(=== State Knowledge Base === Find information state cryptocurrency donation rules, blockchain regulations and state based blockchain businesses. * For 2018 crypto legislation as of July 2018, you can check out: http://www.ncsl.org/research/financial-...)
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Find information state cryptocurrency donation rules, blockchain regulations and state based blockchain businesses.
Find information state cryptocurrency donation rules, blockchain regulations and state based blockchain businesses.


* For campaign crypto donation rules as of September 2018, "only one in five states has any kind of ruling on the matter is in place" -- See https://cointelegraph.com/news/from-california-to-colorado-how-us-regulates-the-political-donations-in-crypto
* For 2018 crypto legislation as of July 2018, you can check out: http://www.ncsl.org/research/financial-services-and-commerce/cryptocurrency-2018-legislation/fbclid/iwar2zmfzaxftehw9gdkf44k1ootpa3qujeokrpwugvxdicaolad1ll0unok0.aspx
* For 2018 crypto legislation as of July 2018, you can check out: http://www.ncsl.org/research/financial-services-and-commerce/cryptocurrency-2018-legislation/fbclid/iwar2zmfzaxftehw9gdkf44k1ootpa3qujeokrpwugvxdicaolad1ll0unok0.aspx
* If there is more recent information for your state, please share it here and on the open [https://www.facebook.com/groups/1518283821616672/ LP Blockchain Facebook group].
* If there is more recent information for your state, please share it here and on the open [https://www.facebook.com/groups/1518283821616672/ LP Blockchain Facebook group].


[[Alabama Blockchain|Alabama - AL]]<br />
{| class="wikitable"
[[Alaska Blockchain|Alaska - AK]]<br />
|-
[[Arizona Blockchain|Arizona - AZ]]<br />
! State
[[Arkansas Blockchain|Arkansas - AR]]<br />
! Candidate Campaign Donations?
[[California Blockchain|California - CA]]<br />
! Crypto legality
[[Colorado Blockchain|Colorado - CO]]<br />
|-
[[Connecticut Blockchain|Connecticut - CT]]<br />
|[[Alabama Blockchain|Alabama - AL]]<br />  
[[Delaware Blockchain|Delaware - DE]]<br />
|
[[Florida Blockchain|Florida - FL]]<br />
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[[Georgia Blockchain|Georgia - GA]]<br />
|-
[[Hawaii Blockchain|Hawaii - HI]]<br />
|[[Alaska Blockchain|Alaska - AK]]<br />
[[Idaho Blockchain|Idaho - ID]]<br />
|
[[Illinois Blockchain|Illinois - IL]]<br />
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[[Indiana Blockchain|Indiana - IN]]<br />
|-
[[Iowa Blockchain|Iowa - IA]]<br />
|[[Arizona Blockchain|Arizona - AZ]]<br />
[[Kansas Blockchain|Kansas - KS]]<br />
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[[Kentucky Blockchain|Kentucky - KY]]<br />
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[[Louisiana Blockchain|Louisiana - LA]]<br />
|-
[[Maine Blockchain|Maine - ME]]<br />
|[[Arkansas Blockchain|Arkansas - AR]]<br />
[[Maryland Blockchain|Maryland - MD]]<br />
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[[Massachusetts Blockchain|Massachusetts - MA]]<br />
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[[Michigan Blockchain|Michigan - MI]] See: https://www.ccn.com/no-coins-for-you-michigan-bans-crypto-donations-for-political-campaigns/ <br />
|-
[[Minnesota Blockchain|Minnesota - MN]]<br />
|[[California Blockchain|California - CA]]
[[Mississippi Blockchain|Mississippi - MS]]<br />
| No See: https://finance.yahoo.com/news/california-watchdog-bans-bitcoin-donations-093606846.html<br />
[[Missouri Blockchain|Missouri - MO]]<br />
|
[[Montana Blockchain|Montana - MT]]<br />
|-
[[Nebraska Blockchain|Nebraska - NE]]<br />
|[[Colorado Blockchain|Colorado - CO]]<br />
[[Nevada Blockchain|Nevada - NV]]<br />
| Yes. "regulation holds donations made in digital money to the same limit as regular cash donations. The USD value of crypto received is to be determined by the market value at the time of contribution, and campaigns are obliged to report all subsequent gains and losses as well." <ref>https://cointelegraph.com/news/from-california-to-colorado-how-us-regulates-the-political-donations-in-crypto</ref><ref>https://content.govdelivery.com/attachments/COSOS/2018/05/16/file_attachments/1008159/20180516_CPF_WorkingDraftRules.pdf</ref>
[[New Hampshire Blockchain|New Hampshire - NH]]<br />
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[[New Jersey Blockchain|New Jersey - NJ]]<br />
|-
[[New Mexico Blockchain|New Mexico - NM]]<br />
|[[Connecticut Blockchain|Connecticut - CT]]<br />
[[New York Blockchain|New York - NY]]<br />
|
[[North Carolina Blockchain|North Carolina - NC]] See: https://dcebrief.com/nc-election-board-no-crypto-donations-for-state-candidates/ <br />
|
[[North Dakota Blockchain|North Dakota - ND]]<br />
|-
[[Ohio Blockchain|Ohio - OH]]<br />
|[[Delaware Blockchain|Delaware - DE]]<br />
[[Oklahoma Blockchain|Oklahoma - OK]]<br />
|
[[Oregon Blockchain|Oregon - OR]]<br />
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[[Pennsylvania Blockchain|Pennsylvania - PA]]<br />
|-
[[Rhode Island Blockchain|Rhode Island - RI]]<br />
|[[D.C. Blockchain|District of Columbia - DC]]<br />
[[South Carolina Blockchain|South Carolina - SC]]<br />
| Yes. "Title 3 (Elections and Ethics) of the District of Columbia Municipal Regulations[...]mentions ‘Bitcoin contributions’ and specifies the order in which they have to be liquidated and reported as in-kind. The text implies that the cap is no different for crypto donations than any other kind." <ref>https://cointelegraph.com/news/from-california-to-colorado-how-us-regulates-the-political-donations-in-crypto</ref><ref>https://ocf.dc.gov/sites/default/files/dc/sites/ocf/publication/attachments/Chapter30.doc</ref>
[[South Dakota Blockchain|South Dakota - SD]]<br />
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[[Tennessee Blockchain|Tennessee - TN]]<br />
|-
[[Texas Blockchain|Texas - TX]]<br />
|[[Florida Blockchain|Florida - FL]]<br />
[[Utah Blockchain|Utah - UT]]<br />
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[[Vermont Blockchain|Vermont - VT]]<br />
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[[Virginia Blockchain|Virginia - VA]]<br />
|-
[[Washington Blockchain|Washington - WA]]<br />
|[[Georgia Blockchain|Georgia - GA]]<br />
[[West Virginia Blockchain|West Virginia - WV]]<br />
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[[Wisconsin Blockchain|Wisconsin - WI]]<br />
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[[Wyoming Blockchain|Wyoming - WY]]<br />
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|[[Hawaii Blockchain|Hawaii - HI]]<br />
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|[[Idaho Blockchain|Idaho - ID]]<br />
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|[[Illinois Blockchain|Illinois - IL]]<br />
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|[[Indiana Blockchain|Indiana - IN]]<br />
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|[[Iowa Blockchain|Iowa - IA]]<br />
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|[[Kansas Blockchain|Kansas - KS]]<br />
|"Kansas Governmental Ethics Commission opined that digital currency was ‘too secretive’ to be used in campaign finance. It is unclear, however, if the scope of the ruling encompasses cryptocurrencies other than bitcoin." <ref>https://cointelegraph.com/news/from-california-to-colorado-how-us-regulates-the-political-donations-in-crypto</ref><ref>https://news.bitcoin.com/kansas-governmental-ethics-commission-forbids-bitcoin-donations/</ref>
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|[[Kentucky Blockchain|Kentucky - KY]]<br />
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|[[Louisiana Blockchain|Louisiana - LA]]<br />
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| Poor crypto laws -- see the [https://www.reddit.com/r/Bitcoin/comments/6smt72/crypto_trader_heads_to_fed_prison_randall_lord/ Randall Lord] case,
|-
|[[Maine Blockchain|Maine - ME]]<br />
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|[[Maryland Blockchain|Maryland - MD]]<br />
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|[[Massachusetts Blockchain|Massachusetts - MA]]<br />
| Yes. "‘contributions in Bitcoins’ are permitted and subject to the same limits and disclosure requirements as fiat contributions, with a five-day period for liquidation. It is not allowed to directly use crypto for campaign expenditures, since state law holds it that any campaign purchase exceeding $50 should by paid for with a check from an official committee account." <ref>https://cointelegraph.com/news/from-california-to-colorado-how-us-regulates-the-political-donations-in-crypto</ref> <ref>http://files.ocpf.us/pdf/legaldocs/AO-14-01.pdf</ref>
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|-
|[[Michigan Blockchain|Michigan - MI]]
| No See: https://www.ccn.com/no-coins-for-you-michigan-bans-crypto-donations-for-political-campaigns/ <br />
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|[[Minnesota Blockchain|Minnesota - MN]]<br />
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|[[Mississippi Blockchain|Mississippi - MS]]<br />
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|[[Missouri Blockchain|Missouri - MO]]<br />
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|[[Montana Blockchain|Montana - MT]]<br />
| Yes. "Receipt of crypto contributions is permitted, but expenditures can only be made out of a ‘primary campaign depository,’ hence there can be no such thing as the candidate’s official crypto wallet. [...] committees should liquidate the contribution within 24 hours from receipt." <ref>https://cointelegraph.com/news/from-california-to-colorado-how-us-regulates-the-political-donations-in-crypto</ref><ref>https://politicalpractices.mt.gov/Portals/144/5campaignfinance/EricFultonBitcoinUseOpinion.pdf</ref>
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|[[Nebraska Blockchain|Nebraska - NE]]<br />
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|[[Nevada Blockchain|Nevada - NV]]<br />
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|[[New Hampshire Blockchain|New Hampshire - NH]]<br />
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|[[New Jersey Blockchain|New Jersey - NJ]]<br />
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|[[New Mexico Blockchain|New Mexico - NM]]<br />
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|[[New York Blockchain|New York - NY]]<br />
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|[[North Carolina Blockchain|North Carolina - NC]]  
|No See: https://dcebrief.com/nc-election-board-no-crypto-donations-for-state-candidates/ <br />
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|[[North Dakota Blockchain|North Dakota - ND]]<br />
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|[[Ohio Blockchain|Ohio - OH]]<br />
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|[[Oklahoma Blockchain|Oklahoma - OK]]<br />
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|[[Oregon Blockchain|Oregon - OR]]<br />
| Yes. Adopted in August 2018, "mirror the FEC’s approach of allowing contributions but not expenditures to be made in cryptocurrencies." <ref>https://cointelegraph.com/news/from-california-to-colorado-how-us-regulates-the-political-donations-in-crypto</ref><ref>https://www.oregon.gov/newsroom/Pages/NewsDetail.aspx?newsid=2784</ref>
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|[[Pennsylvania Blockchain|Pennsylvania - PA]]<br />
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|[[Rhode Island Blockchain|Rhode Island - RI]]<br />
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|[[South Carolina Blockchain|South Carolina - SC]]<br />
|No. <ref>https://cointelegraph.com/news/bitcoin-for-america-cryptocurrencies-in-campaign-finance</ref>
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|[[South Dakota Blockchain|South Dakota - SD]]<br />
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|[[Tennessee Blockchain|Tennessee - TN]]<br />
| Yes. "Tennessee law treats digital currency contributions the same as cash contributions, mandating that crypto is liquidated before it can be spent for campaign needs. The monetary value of crypto donations is determined by the market value at the time of receipt." <ref>https://cointelegraph.com/news/from-california-to-colorado-how-us-regulates-the-political-donations-in-crypto</ref> <ref>http://www.fppc.ca.gov/content/dam/fppc/NS-Documents/AgendaDocuments/Comment%20Letters/2018/September/42%20Graham.pdf</ref>
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|[[Texas Blockchain|Texas - TX]]<br />
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|[[Utah Blockchain|Utah - UT]]<br />
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|[[Vermont Blockchain|Vermont - VT]]<br />
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|[[Virginia Blockchain|Virginia - VA]]<br />
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|[[Washington Blockchain|Washington - WA]]<br />
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|[[West Virginia Blockchain|West Virginia - WV]]<br />
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|[[Wisconsin Blockchain|Wisconsin - WI]]<br />
| Undecided. "As of late September [2018[, the Wisconsin State Assembly hasn’t yet addressed the issue." <ref>https://cointelegraph.com/news/from-california-to-colorado-how-us-regulates-the-political-donations-in-crypto</ref><ref>https://cointelegraph.com/news/bitcoin-for-america-cryptocurrencies-in-campaign-finance</ref>
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|[[Wyoming Blockchain|Wyoming - WY]]<br />
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=== Other Topics ===
=== Other Topics ===
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