Express

UK Charity National Zakat Foundation Begins Accepting Cryptocurrency Donations

Amy Liu

Summary: UK Charity, National Zakat Foundation (NZF), are embracing digital currency as a way to make donations. The Financial Conduct Authority (FCA) recently reported that 2.3 million people in the UK currently own crypto assets and that 78% of those aged 18 and above are aware of the digital currency – a 73% increase from last ...

UK Charity, National Zakat Foundation (NZF), are embracing digital currency as a way to make donations. The Financial Conduct Authority (FCA) recently reported that 2.3 million people in the UK currently own crypto assets and that 78% of those aged 18 and above are aware of the digital currency – a 73% increase from last year. 

Monir Mohammed, head of technology for NZF, explained, “With a society as fast paced as ours, it’s so important that charities evolve at the same speed. Accepting cryptocurrencies will unlock a whole new realm of donors, as well as progress with existing ones.”

By Amy Liu

Last Update:

Tags: ,,
Link: UK Charity National Zakat Foundation Begins Accepting Cryptocurrency Donations   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 6 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 12 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 15 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 16 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 19 days ago
  • You need to login to comment.