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]
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 1 day ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 4 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 6 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 7 days ago
  • Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 8 days ago
  • You need to login to comment.