Canada’s largest donation and fundraising platform will now accept cryptocurrency donations for any of the country’s 86,000 registered charities, a move it hopes will close a ‘giving gap’ between older and younger donors.
As of May 18, donors will be able to give a donation of either Bitcoin or Ethereum to any charity listed on CanadaHelps. The platform said it will then immediately sell the crypto donation for Canadian dollars, send the donor a charitable tax receipt, and then disburse the donation to the charity in question. Because CanadaHelps creates a page for every registered charity in the CRA’s database, it will allow any of Canada’s 86,000 charities to receive donations through the platform.
Some charities such as Pathways to Education, a national charity that helps low-income youth transition to post-secondary education, already accept crypto don
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