Republican candidate for Florida's 22nd Congressional District and fintech entrepreneur Michael Carbonara liquidated 10 BTC this month, exchanging it for $800k worth of USDC to fund his congressional campaign. Carbonara founded digital banking and payments company Ibanera in 2017 and stated that his campaign team accepts external crypto donations and complies with the rules of the U.S. Federal Election Commission (FEC). FEC data shows that his campaign funds mainly come from a $2.3 million personal loan and approximately $50k in individual donations. (Decrypt)

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RationalRugChecker
· 14m ago
Does the FEC rule allow encrypted donations? The door is open.
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ZkSketcher
· 10h ago
2.3 million out of pocket vs. 50k in donations, this election is just a personal show, right?
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YouKnow
· 12h ago
hype Bullish Bullish Bullish Bullish Bullish Bearish hype
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YouKnow
· 12h ago
Bullish on BTH
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InstantNoodle-LevelResearcher
· 13h ago
Ibanera founder runs for office, Web3 lobbyist confirmed
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NeonMargin
· 14h ago
FEC data is transparent, on-chain is more transparent, double auditing
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VolcanicMonolith
· 14h ago
Trading 10 BTC for a Congress ticket, is it worth it?
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NightFlightMint
· 14h ago
From digital banking to digital campaigning, it's a closed loop.
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ColdWalletFitnessCoach
· 14h ago
Using stablecoins for congressional districts, it's finally happening.
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Ciau
· 14h ago
bearish , BTC soon to 60K
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