Save the Children Embraces Crypto for Faster Aid

Markets & Money Today | 2 Min News | The Daily News Now! - Ein Podcast von The Daily News Now! - Freitags

Podcast artwork

Kategorien:

Save the Children, a renowned humanitarian organization, is leveraging cryptocurrency to expedite aid delivery. Theyve launched a Bitcoin fund, in partnership with Fortris, to hold crypto donations for up to four years. This initiative aims to circumvent traditional banking channels, which often fail during crises, causing aid delays. The fund offers donors flexibility to convert their donations, maximizing impact. Save the Children has been accepting Bitcoin since 2013 and has raised millions for conflict-affected children. This move underscores the growing trend of cryptocurrency giving for global causes.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

Visit the podcast's native language site