[Florida Congressional Candidate Sells 10 BTC, Cashes Out $800,000 for Campaign] According to Decrypt on May 31, Deep Tide TechFlow reports that Michael Carbonara, a Republican candidate for Florida's 22nd Congressional District and a fintech entrepreneur, sold 10 BTC this month, converting it into $800,000 worth of USDC to fund his congressional campaign. His spokesperson stated that the funds came from Michael Carbonara's personal crypto assets. The report also noted that Michael Carbonara accepts cryptocurrency donations from external supporters and emphasized that the campaign team has complied with relevant regulations of the U.S. Federal Election Commission. Michael Carbonara also advocates for using blockchain to enhance transparency in campaign financing and government budgeting.