US Natl Figure Skating Body Adopts Bitcoin/Crypto Donations
The latest organization in the US to enable donations in Bitcoin and other cryptos? US Figure Skating.
US national figure skating body adopts Bitcoin donations
“’U.S. Figure Skating now allows gifts of cryptocurrency for any of its major funds. Gifts of cryptocurrency are eligible for tax relief and can help U.S. Figure Skating to create programming for athletes,’ the association’s website reads.
According to the announcement, Engiven automatically exchanges donated crypto into the United States dollar, transferring the funds immediately to U.S. Figure Skating. ‘U.S. Figure Skating is the first national governing body in the U.S. that will accept gifts in multiple cryptocurrencies,’ the announcement notes.”