Financial Times: A cryptocurrency fit for Wall Street

Rand Paul loves to present himself as a political pioneer. This week, however, the Kentucky senator and darling of the Tea Party is carving out new frontiers in finance. Announcing a 2016 presidential bid on Tuesday, he said he would collect donations via bitcoin. That makes him the first US presidential candidate to raise funds using the cryptocurrency. The move is likely to be wildly popular with his libertarian supporters, given the Republican party’s deep suspicions of fiat currency and the US Federal Reserve.

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