$69 Million Worth of Bitcoin Received As Donation In 2017 – Fidelity Charitable

$69 Million Worth of Bitcoin Received As Donation In 2017 – Fidelity Charitable:

Fidelity Charitable has announced that the fastest method of donations they are receiving are through bitcoin and other cryptocurrencies.

In 2017 through November, givers donated $11 million in bitcoin to Fidelity Charitable, earmarking the cash for their donor-advised funds. Those are accounts that you can fund with highly appreciated assets, and use over time for making grants to charities.

And by the end of December 2017, the global charity had accumulated approximately $69 million in digital currency donations, which was by far the fastest donation of the year. This information was included in their <a href=