ADVERTISEMENT
ADVERTISEMENT

Watch video on Youtube »

some text
A pile of bitcoin tokens are displayed.

NASHVILLE -- The state House voted 61-28 today to let lawmakers accept digital currencies such as bitcoin.

The bill, sponsored by Rep. Jeremy Faison, R-Cosby, now goes to Republican Gov. Bill Haslam for his consideration. Senators passed the bill in March.

In response to questions, Faison said the money would be counted as a campaign "gift" with the donor's name, address and employer listed. Candidates could only accept the digital currency from U.S. citizens, he said.

The Federal Election Commission has already allowed bitcoins to be accepted in federal contests.

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT