[U.S. Republican Entrepreneur Michael Carbonara Sells 10 Bitcoins to Raise Funds for Congressional Campaign] According to a report by Jinse Finance, on May 31, U.S. Republican fintech entrepreneur Michael Carbonara sold 10 Bitcoins, exchanging them for $800,000 to fund his congressional campaign. In this critical battle where the electoral landscape is shifting, he demonstrated his support for cryptocurrencies. Beyond the election, Carbonara believes that blockchain can also help the government improve transparency in the use of taxpayer funds. (Decrypt)