US Republican entrepreneur sells 10 Bitcoin to raise funds for congressional campaign

According to ChainCatcher, citing a report from Decrypt, Republican fintech entrepreneur Michael Carbonara sold 10 Bitcoin, exchanging them for 800 thousand US dollars to fund his congressional campaign. In this pivotal race as the political landscape shifts, he is highlighting his pro-crypto stance. Beyond the election, Carbonara believes that blockchain can help the government increase the transparency of taxpayer fund usage.