The Downside of Crypto Donations

Article summary

Cryptocurrency donations are providing a much-needed lifeline to hard-up charities right now. Charities have not been so lucky. […] By sending crypto directly to charities this is avoided, plus they receive the full value of the contributions. […] Related: FinCEN’s Crypto Surveillance Rule Violates the US Constitution Specialist donation platforms are stepping up to connect crypto donors with the growing number of small charities trying to get in on the bitcoin boom. […] See also: Hodlers Can Donate Crypto to Charity to Minimize Tax Payments The cryptocurrency and blockchain development industry is growing.

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