How Crypto Is Changing Philanthropy

Final yr was the biggest ever for crypto donations by far. In line with Constancy Charitable, the monetary providers large’s nonprofit that advises donors on charitable giving, round 45% of cryptocurrency buyers donated to charities in 2020, in comparison with 33% of common buyers. Constancy Charitable acquired round $331 million in cryptos in comparison with $28 million in 2020. In its annual report, Giving Block, a crypto donation platform, reported $69 million in complete donation quantity final yr, a large 1,558% spike from 2020.

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