News
The bill required politicians to “immediately convert” crypto donations to U.S. dollars, with no scope of expenditures or hodling the funds.
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Donations News
Cryptocurrency donations are gaining more and more popularity over time. As most cryptocurrencies are still in the so-called legal “gray zone” and have no need to be explained to authorities or be subject to taxationation, their use is very suitable for media creators, publishers and different digital communities. There has been a lot of fascinating news about cryptocurrency donations, such as Potcoin funding Dennis Rodman’s trip to North Korea in an attempt to bring peace for Guam, proving it’s safe during the US-North Korea political conflict. The Dogecoin community is also famous for their donations. For example, they were involved in some interesting charity cases, such as raising fifty thousand dollars for the Jamaican Bobsled team to go to the Sochi Winter Olympics in 2014 and thirty thousand dollars to build a well in the Tana river basin in Kenya.
- News
The Rock and Oprah Winfrey launched the People’s Fund of Maui to provide direct financial support to those affected by the calamity.
6491 - News
The storm hit Florida first in the continental U.S., which may have stopped Ron DeSantis from joining Vivek Ramaswamy in accepting crypto donations for his presidential campaign.
1672 - News
The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui.
1676 - Announcement
Donate crypto to Children of Heroes and help support the youngest Ukrainians affected by the Russian invasion.
6771 - News
Humanitarian aid and community services charity Red Cross Singapore included cryptocurrency as a newly accepted form of donation.
4287 - News
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States.
18104 - News
The fund reported it had distributed more than $500 million to projects, including the Tor Project, the Signal Technology Foundation and the Calyx Institute.
4287 - News
Ramaswamy stated, “Let’s make the 2024 election a referendum on fiat currency.”
10087 - News
The My First Bitcoin education program reaches 1 BTC in donations, with Bitcoin Beach matching contributions, fueling expansion.
16141 - News
The Giving Block reported that USDC accounted for 44% of the crypto donation volume on its platform in the last year, followed by ETH (24%) and BTC (17%).
3824 - Follow up
Cryptocurrencies are proving useful in facilitating fast and unencumbered donations during crises, as recently seen during earthquake relief efforts in Turkey and Syria.
2981 - News
Since Russia’s invasion a year ago, there’s been $28.9 million in Ether donated to Ukraine, as well as $22.8 million in Bitcoin and $11.6 million in Tether.
7804 - Interview
Russian military forces invaded areas of Ukraine in February 2022, and workers at businesses including Everstake have faced life in shelters and the constant threat of shelling.
11420 - News
Crypto campaign contributions less than $100 would be acceptable under the bill, provided the receiver immediately converts the funds to USD and does not hodl them.
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