PayStand has announced it is now accepting Bitcoin as well as traditional forms of payments.
The decision by the Federal Election Commission, making Bitcoin an acceptable and legal form of currency for campaign donations, candidates are now adding Bitcoin to their campaign fundraising efforts. For New Hampshire state senate candidates, PayStand‘s solution is making political donations with these new next-generation payment methods easier than ever.
“It’s important for government leaders to listen to their constituency,” states Andrew Hemingway, a New Hampshire Republican gubernatorial candidate. “New Hampshire is known as the Live Free or Die State and we have always been very strong in our independent ideals. The state has spoken — they want the opportunity to use innovative and convenient payment alternatives. I am happy to accept Bitcoin as political donations and want to make it as simple a process as possible for my supporters to do that. Cryptocurrency like Bitcoin is the wave of the future and I want to do everything I can to allow people to use it — including for political donations of all sorts.”
“Bitcoin is absolutely moving quickly into all facets of our lives. This election cycle is really the first where Bitcoin is talked about and used for donations, now that the FEC has approved it. And with more and more businesses — and even now the State of California — accepting Bitcoin as a form of currency, it is becoming essential to include cryptocurrencies as a payment option,” said Jeremy Almond, CEO, PayStand. “From day one PayStand has included Bitcoin among all other forms of payment and we are thrilled to be on the leading edge in the political donation process in New Hampshire and throughout the country.”
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