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FinTecBuzz

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Growing Popularity of Cryptocurrency Could Fuel Charitable Giving

Crypto Currencies

Growing Popularity of Cryptocurrency Could Fuel Charitable Giving

October 29, 20217 min

Nearly half of cryptocurrency owners donated $1,000 or more to charity in 2020, compared to one-third of all investors Millennials express elevated interest in both charitable giving and cryptocurrency investing Watch out: Crypto tax implications and donations of digital assets poorly understood The rising awareness and adoption of cryptocurrency among investors could be good news for charitable giving. According to a study by Fidelity Charitable®, owners of cryptocurrency such as Bitcoin or Ethereum are a disproportionately more...

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