Roll Call is reporting that candidates are testing the waters of bitcoin fundraising, following different sets of rules as a function of both the freewheeling culture of the digital currency world and of mixed signals from the Federal Election Commission.

"The FEC approved bitcoin fundraising in a unanimous advisory opinion on May 8, but the agency’s six commissioners immediately began a public dispute over what that decision actually means. At issue is whether digital currency contributions must be capped at $100 per election per donor, or whether candidates, political action committees and parties may accept the virtual currency in larger amounts."

"The upshot is that some political players say they’ll collect large, even unlimited, virtual contributions, and others will be capping bitcoins at $100."

Read the full article by Eliza Newlin Carney at Roll Call.