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FinTecBuzz

by BusinessWire

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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