Colorado Secretary of State Considering Amendments to Campaign Finance Rules

campaign finance, Colorado, Cryptocurrency

Colorado Secretary of State Wayne Williams is considering amendments to the state’s campaign finance rules.

A new rule would allow committees to accept contributions in the form of cryptocurrency up to the limits for cash or coin contributions.

The value of such contributions would be the value of the cryptocurrency at the time the contributions are made.

Prior to issuing the proposed draft, the Secretary of State’s office is seeking public comments to identify potential revisions and additional guidance. Comments must be submitted by May 23.