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Kansas Looks to Cap Crypto Political Campaign Donations at $100
The U.S. state is looking to amend its campaign financing rules to require donors' names and addresses be collected – and mandate contributions be made strictly via U.S.-based entities.
Updated Feb 15, 2023, 3:13 p.m. Published Feb 15, 2023, 1:54 p.m.
The Kansas state legislature is looking to cap individual crypto donations to political campaigns at $100 by amending its campaign finance law.
New amendments under consideration could also require recipients of crypto donations to obtain the contributor's full name, physical address and an affirmation they are not a foreign national.
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The rules also propose that crypto contributions "may only be accepted if the contribution is made and received through a United States-based cryptocurrency payment processor" that can reasonably confirm the identity of the original contributor, the document said.
In 2017, the U.S. state told campaigns to abstain from accepting crypto donations while the Kansas Governmental Ethics Commission studied the issue. The amendments to the Kansas campaign finance act were introduced on Jan. 25, while a hearing on the bill was scheduled for Tuesday.
"No person shall make or accept any cryptocurrency contribution for any candidate or candidate committee that in the aggregate exceeds $100 for any one primary or general election from any one person," the document said.
While Kansas may have been wary of crypto campaign donations, several U.S. politicians have accepted contributions in crypto. Donations from individuals and entities with ties to crypto are under scrutiny after the collapse of crypto exchange FTX sent ripples through the industry. Founder Sam Bankman-Fried had made significant contributions to U.S. politicians.
Read more: Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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CFTC Launches Digital Assets Pilot Allowing Bitcoin, Ether and USDC as Collateral
Acting Chair Caroline Pham has unveiled a first-of-its-kind U.S. program to permit tokenized collateral in derivatives markets, citing "clear guardrails" for firms.
What to know:
- The CFTC has launched a pilot program allowing BTC, ETH and USDC to be used as collateral in U.S. derivatives markets.
- The program is aimed at approved futures commission merchants and includes strict custody, reporting and oversight requirements.
- The agency also issued updated guidance for tokenized assets and withdrew outdated restrictions following the GENIUS Act.
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