#BitcoinTuesday: Tax Deductible Crypto Charity on International Day of Giving

#BitcoinTuesday: Tax Deductible Crypto Charity on International Day of Giving | NewsBTC

A crypto-focused charity organisation has declared today #BitcoinTuesday in an effort to promote the perks of donating cryptocurrency to non-profits. The initiative is the work of TheGivingBlock, with sponsorship from several notable blockchain-related companies. Cryptocurrency donations, being considered as property, are not subject to capital gains and are tax deductible.