Michael Carbonara, Republican candidate for Florida's 22nd Congressional District and fintech entrepreneur, cashed out 10 BTC this month, converting it into $800,000 worth of USDC to fund his congressional campaign. Carbonara, who founded the digital banking and payments company Ibanera in 2017, stated that his campaign team accepts external crypto donations and complies with U.S. Federal Election Commission (FEC) rules. FEC data shows that his campaign funding primarily comes from a $2.3 million personal loan, with around $50,000 in individual contributions. (Decrypt) https://(wublock123.com)/news/florida-gop-candidate-converts-800k-bitcoin-to-usdc-for-campaign-61930