Virtual Currency Donations
Navigating Philanthropy’s New Frontier
This report, assembled by the Blockchain Trust Accelerator at New America with the support of the International Center for Not-for-Profit Law, assesses opportunities and obstacles in charitable donations of virtual currencies. It aims to bring civil society organizations, would-be virtual currency donors, and policymakers up to speed on emerging trends. The report examines a fundamental question: Can a civil society organization accept donations in virtual currencies—and, if so, how? To answer this, an interdisciplinary team of public policy scholars, nonprofit experts, and attorneys created an international survey of how different jurisdictions are regulating virtual currency donations. The results cover ten countries across five different continents: Australia, Bermuda, Canada, Denmark, Malta, Singapore, South Africa, Switzerland, the United Kingdom, and the United States. Read the full report here.