By Brandon Moseley
On Monday, Senate candidate Katie Boyd Britt announced that her campaign for the U.S. Senate now accepts contributions via BitPay.
Through the BitPay plug-in on Britt’s campaign website, eligible individuals can contribute to her campaign via various forms of cryptocurrency. BitPay accepts payments in Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), Dogecoin (DOGE), Litecoin (LTC), and five U.S. dollar-pegged stablecoins (GUSD, USDC, USDP, DAI, and BUSD).
The Britt campaign reported that altogether, the total market cap of these accepted cryptocurrencies exceeds $1.4 trillion, accounting for nearly 70% of the global crypto market cap.
Britt said that this innovation in campaign fundraising continues Britt’s support of the digital asset economy. She previously was outspoken in advocating for Congress to fix a provision in the recently enacted federal infrastructure bill that uses an antiquated, anti-innovation definition of what it means to be a digital asset broker.
“This is merely a small token of my overall staunch support for the digital asset ecosystem, blockchain technology, proof of work, cryptocurrency and Bitcoin in particular," said Britt.
Britt promised that if elected, she plans to work closely with longtime cryptocurrency advocate U.S. Sen. Cynthia Lummis (R-Wyoming). Britt said that she believes Lummis’ home state of Wyoming’s approach to regulating digital assets is a good roadmap for our nation to take.
“We need fresh blood in the Senate to keep America at the forefront of innovation and technology, not the same old ineffective career politicians who are stuck in the past,” Britt said. “Supporting Bitcoin means supporting personal freedom, American competitiveness and national security. I will be an advocate for commonsense policies that provide appropriate consumer protections while fostering innovation, entrepreneurship and investment here at home rather than driving the digital asset economy overseas to places like China.”
Britt is an attorney and was formerly the CEO and President of the Business Council of Alabama (BCA). She previously served as Chief of Staff for incumbent U.S. Sen. Richard Shelby (R-Alabama). Shelby is retiring at the end of this term.
Contributions made via BitPay still need to abide by all federal laws and regulations regarding political donations. Political contributions are not tax-deductible.
Britt faces a crowded Republican primary field that includes: U.S. Army veteran Mike Durant, businesswoman Jessica Fair Taylor, Congressman Mo Brooks (R-AL05), and former Ambassador to Slovenia Lynda Blanchard. Former Brighton Mayor Brandaun Dean is running for the Democratic Party nomination for U.S. Senate.
The Republican primary is May 24, 2022.
