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Lee Kwang-jae, a South Korean lawmaker, recently stated that he will be accepting cryptocurrency donations starting mid-January 2022. According to the politician, this plan represents his attempt to raise awareness about cryptocurrencies and non-fungible tokens among South Koreans. Donations to Be Converted Into Korean Won A Korean lawmaker, Lee Kwang-jae, has said he will start … Read more
Starting in the year 2022, donated or inherited virtual assets will be assessed and taxed accordingly, South Korea’s National Tax Service has said. Dunamu, Bithumb Korea, Korbit, and Coinone are the new virtual asset service providers (VASPs) tasked with evaluating digital assets for such tax purposes. Virtual Asset Service Providers Tasked With Evaluating Crypto Gifts … Read more
Street performers, or buskers, are leaning more toward digital platforms these days compared to the old method of accepting loose change. A report recently published by economists at RMIT University in Melbourne, Australia has found that in certain areas, buskers get more donations via digital payment methods like Paypal and bitcoin from people passing by, … Read more
Save the Children in Rwanda recently became the latest member of the NGO community to endorse cryptocurrencies after it announced the establishment of a partnership agreement with the Cardano Foundation. ADA Donations According to a statement released by parties to the project, this arrangement became possible after Cardano “installed a payment gateway that allows ADA … Read more
The global nonprofit Operation Smile has announced the organization is now accepting crypto assets like bitcoin and dogecoin. The nonprofit is a surgical volunteer-based outfit that helps people with cleft conditions improve their lifestyles. Surgical Volunteer-Based Nonprofit Operation Smile Accepts Crypto Donations On July 18, one of the largest surgical volunteer-based nonprofit in the world, … Read more
One of Africa’s biggest wildlife conservancies, the Virunga National Park, which is situated in the Democratic Republic of Congo (DRC), says it now accepts donations via cryptocurrency. It says such donations will be used in helping to protect DRC’s famed “mountain gorillas and the ecosystems they inhabit.” Tax Efficient Way to Support Virunga In a … Read more
In the last few days, the popular meme-based cryptocurrency has witnessed wild movements across the board, going up and down. An anonymous woman who holds dogecoin and profited from the latest all-time high ($0.44) made a philanthropic maneuver in favor of dogs. Woman Left A “Dogecoin” Message as the Reason for the Donation According to … Read more
The nonprofit foundation behind the privacy-driven messaging app Signal is officially joining the cryptocurrency venture. In this case, the Signal Foundation announced it has started accepting crypto donations. Signal Foundation Also Takes Donations in Privacy Coins According to an announcement via Twitter, the organization encouraged people to arrange donations via cryptocurrencies, but it’s not limited … Read more
The Pirate Bay has been the world’s most popular torrent web portal for the last eighteen years. Despite a few hiccups during that time, the site remains accessible via mirrors and proxy websites. In addition to remaining online, Pirate Bay has been accepting bitcoin for donations since 2013 acquiring more than $4.5 million worth since … Read more
The founder of Freedomain, philosopher and alt-right activist, Stefan Molyneux, received more than $100,000 in cryptocurrency donations after he was banned from Youtube on June 29, 2020. Stefan Molyneux is well known for his Youtube videos, podcasts, and books. His early Youtube videos describing the benefits of bitcoin have been lauded. While getting over $100k … Read more
