Vivek Ramaswamy has become the United States’ second presidential contender to accept Bitcoin payments for the forthcoming 2024 elections. While on stage, he flashed a QR code to send users to a payment gateway that accepts a variety of payment methods, including BTC and Satoshi (sats). Eligible U.S. citizens and permanent residents can contribute up to $6,600 to the campaign, which is not tax deductible as a charity gift under federal income tax law. Kansas House of Representatives lawmakers filed a bill in February proposing a $100 cap on crypto political donations.
US Presidential candidate Vivek Ramaswamy to accept Bitcoin for campaign donations