ShutDown

Shutdown Delays FEC’s Bitcoin Decision

(The Hill) The Federal Election Commission’s decision on whether to allow federal candidates to accept bitcoins as campaign donations has been delayed, thanks to this month’s government shutdown.

The agency was due to make the decision this week in response to a request from a conservative political action fund seeking permission to accept and spend the virtual currency. But FEC records show the agency sought – and was granted – an extension, following an 18-day federal government shutdown that closed the agency. The FEC’s new deadline is Nov. 22.

Attorney Dan Backer, who filed the FEC request on behalf of the Conservative Action Fund PAC, said Thursday that his clients agreed to the extension, which he attributed both to the shutdown and personnel changes on the commission.