Quote from: BitBank on June 27, 2013, 05:09:30 PM

Quote from: Elwar on June 27, 2013, 04:12:47 PM

When he was running he did not accept them for FEC reasons.

I think this was an issue with regard to compliance with the FEC's reporting requirements. FEC should be fine as long as donations are properly reported. I know the FEC allows campaigns to accept non-USD donations as long as they are reported with an accurate USD value attached, however I'm not sure if this applies to something that could be classified as a commodity / "investment". They need to show that the donor was an American citizen as well.

I believe New Hampshire State Representative Mike Warden was the first ever politician to accept Bitcoin donations. Reporting requirements was an issue that came up for that too:

https://bitcointalk.org/index.php?topic=99968.0
http://www.markwarden.com/page/contribute-campaign