GOP GOES CRYPTO

The National Republican Congressional Committee (NRCC) will begin soliciting cryptocurrency donations, it announced on Thursday, making it the first national party committee to do so.

“The NRCC is proud to lead the charge in accepting cryptocurrency campaign contributions,” Rep. Tom Emmer (R-Minn.), the group’s chair, said in a statement.

“We are focused on pursuing every avenue possible to further our mission of stopping [House Speaker] Nancy Pelosi’s socialist agenda and retaking the House majority, and this innovative technology will help provide Republicans the resources we need to succeed.”

The NRCC said it will process cryptocurrency contributions using the payment service BitPay. Those donations will then be converted into U.S. dollars before actually being transferred into the group’s bank account.