Virtual Currency Section 527 Organization Registers

Posted December 6, 2013 at 3:33pm

The development of various forms of virtual currency is a growing topic from China to the United States, and some individuals have started a group to support political activities that promote competitive forms of currency.

Coin PAC registered yesterday with the Internal Revenue Service as a Section 527 political organization. The purpose of the group is to “support political activities that promote sound, diverse, and competitive forms of currency.”