April 17, 2014 1:10 PM

Abbott Campaign says bring on the Bitcoins

Although associated with secret transactions, campaign says full disclosures will be required of contributors

The Greg Abbott Campaign today announced that they would accept campaign contributions using Bitcoin, a digital currency. Although the electronic currency is most frequently associated with confidential transactions because it sidesteps financial institutions, the Abbott team says it will require that campaign contributors using Bitcoin divulge information including name, address, employer and occupation – items required for Texas Ethics Commission campaign finance reports.