{"id":552290,"date":"2023-02-15T21:15:55","date_gmt":"2023-02-15T18:15:55","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/kansas-state-lawmakers-look-to-cap-crypto-political-donations-at-100\/"},"modified":"2023-02-15T21:15:55","modified_gmt":"2023-02-15T18:15:55","slug":"kansas-state-lawmakers-look-to-cap-crypto-political-donations-at-100","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/kansas-state-lawmakers-look-to-cap-crypto-political-donations-at-100\/","title":{"rendered":"# Kansas state lawmakers look to cap crypto political donations at $100"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3fa8a3b72f9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3fa8a3b72f9\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/kansas-state-lawmakers-look-to-cap-crypto-political-donations-at-100\/#%E2%80%9D_Kansas_state_lawmakers_look_to_cap_crypto_political_donations_at_100_%E2%80%9C\" >&#8221; Kansas state lawmakers look to cap crypto political donations at $100 &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Kansas_state_lawmakers_look_to_cap_crypto_political_donations_at_100_%E2%80%9C\"><\/span>&#8221; Kansas state lawmakers look to cap crypto political donations at $100 &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvM2NjN2Q5NDgtMjNjZi00YmVhLWI5ZGMtZTE3ZWEwOGNkMzA2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-71a7a826>Lawmakers in the Kansas House of Representatives have introduced a bill proposing to amend the legislature\u2019s rules on political campaign donations.<\/p>\n<p>According to the bill, no person would be allowed to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/kslegislature.org\/li\/b2023_24\/measures\/documents\/hb2167_00_0000.pdf\">make<\/a> or accept crypto contributions of more than $100 for any political candidate in the state\u2019s primary or <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> election. For donations under $100, the receiver would need to \u201cim<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely convert\u201d the crypto to U.S. dollars, not use the crypto for expenditures, and not HODL the funds. <\/p>\n<p>The proposed bill included provisions that seemed to be aimed at mitigating foreign contributions to elections in Kansas, by requiring personal information from those sending crypto \u2014 including \u201cthat they are not a foreign national\u201d. Crypto campaign contributors would also have to send the funds through a U.S.-based exchange with certain Know Your Customer requirements.<\/p>\n<p>The $100 cap would be based on the \u201cfair market value\u201d of the crypto at the time the contribution was received. Kansas lawmakers first <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/kslegislature.org\/li\/b2023_24\/measures\/hb2167\/\">introduced<\/a> the bill to the House on Jan. 25, later referring the legislation to the Committee on Elections.<\/p>\n<p>Kansas Governmental Ethics Commission said in 2017 that cryptocurrency contributions were \u201ctoo secretive\u201d, specifically referring to Bitcoin (BTC). The state of California imposed a ban on political campaign donations in 2018, but changed course in July 2022 \u2014 also c<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ing contributions at $100.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>FTX seeks to claw back political donations by the end of February<\/em><\/strong><\/p>\n<p>Though not a major election year in the United States, crypto continues to be an issue for lawmakers at the federal and state levels. In April 2022, Ireland\u2019s government issued a ban on crypto political donations, citing concerns about foreign interference in the country\u2019s elections.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/kansas-state-lawmakers-look-to-cap-crypto-political-donations-at-100\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Kansas state lawmakers look to cap crypto political donations at $100 &#8220; Lawmakers in the Kansas House of Representatives have introduced a bill proposing to amend the legislature\u2019s rules on political campaign donations. According to the bill, no person would be allowed to make or accept crypto contributions of more than $100 for any&#8230;<\/p>\n","protected":false},"author":1,"featured_media":552291,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/3cc7d948-23cf-4bea-b9dc-e17ea08cd306.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,70577,32681,70934,67874],"class_list":["post-552290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-donations","tag-politics","tag-regulation","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/552290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=552290"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/552290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/552291"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=552290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=552290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=552290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}