As of April 6th, 2021 the UNICEF Cryptocurrency fund has received 2,267 ETH and eight bitcoin (worth over $5 million). Organization to hold and make transactions in cryptocurrency, via a designated Cryptocurrency Fund. In 2019, UNICEF announced that it had become the first U.N. Since 2018, has been working to reduce poverty via direct community-based donations of cryptocurrency (Coinbase CEO Brian Armstrong is a founder). Some of the world’s biggest charitable organizations - including the Red Cross and United Way - accept cryptocurrency. In December 2017, an anonymous crypto investor named “Pine” created the Pineapple Fund as “an experiment in philanthropy with cryptocurrency.” Pine donated $55 million worth of bitcoin to 60 different charitable organizations - focused on everything from the environment and mental health to social justice and homelessness.Ĭharitable giving via crypto has become an increasingly popular choice for both individuals and organizations.
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