Greg Abbott campaign to accept Bitcoin contributions - FOX 26 News | MyFoxHouston

Greg Abbott campaign to accept Bitcoin contributions

Posted: Updated:
AUSTIN, Texas (FOX 26) -

In a futuristic maneuver, the Texans for Greg Abbott campaign will accept Bitcoin contributions, according to a statement released on Thursday.

Supporters can contribute to the campaign with Bitcoin by visiting  will now be accepted as a form of campaign contribution through

"I'm excited to see our campaign add another tool to our cutting-edge digital outreach, which is allowing us to reach more Texans than any previous campaign in the state," said Texas Attorney General and gubernatorial candidate Greg Abbott. "The spirit of Bitcoin embodies the free market principles that make Texas a leader in innovation and entrepreneurship. We welcome the Bitcoin community to join our team."

The Texas Banking Commission and the Internal Revenue Service recognize Bitcoin as an asset as opposed to an actual currency, according to the statement. Bitcoin transactions will be processed as in-kind contributions to the campaign and will be reported accordingly on forthcoming campaign finance reports.

Powered by WorldNow

4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices