US election agency approves use of NFTs as campaign fundraising incentive
The United States Federal Election Commission (FEC) has issued an advisory opinion stating DataVault Holdings may use nonfungible tokens for fundraising efforts.In a Dec. 15 notice, the FEC said it was “permissible” for DataVault holdings to send nonfungible tokens. The Commission concludes that DataVault’s proposals to provide political committees with NFTs on the same terms that it regularly offers its non-political clients would be a permissible extension of credit by DataVault in the ordinary course of business,” said FEC Chair Allen Dickerson. “Under the Act and Commission regulations, an incorporated commercial vendor may extend credit to political committees under terms substantially similar to those the vendor offers non-political debtors.
Source
https://t.me/nfts_defi_metaverse
