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California regulator will revisit long-running ban on crypto donations on May 19 -Breaking

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California regulator will review the long-held ban on crypto donations. It is scheduled to take effect on May 19.

California’s state regulator could be considering lifting a ban on crypto donations to political parties that was in place since 2018.

According to its May 2022 agenda, California’s Fair Political Practices Commission, or FPPC, has scheduled a “pre-notice discussion” on Thursday on the use of cryptocurrencies f campaign contributions in the state. According to the commission, it is considering amending its regulations. Not required that “no contribution may be made or received in cryptocurrency.”