First the Alcor Life Extension Foundation, then UNICEF, and now Save the Children. The list of organizations accepting cryptocurrencies like Bitcoin and Bitcoin Cash is increasing.
Save the Children was established in the United Kingdom in 1919 to improve the lives of children through better education, health care, and economic opportunities. It recently announced the re-launch of its cryptocurrency fundraising program. Save the Children has started accepting donations in Bitcoin Cash in addition to Bitcoin, Ethereum, and Litecoin.
Earlier in August, the Alcor Life Extension Foundation announced its decision to accept donations in Bitcoin Cash. According to reports, the person who convinced the Alcor Life Extension Foundation to accept Bitcoin Cash was none other than Bitcoin.com’s Executive Chairman Roger Ver, who had also convinced the Foundation to accept Bitcoin Core as payment via Bitpay in 2014.
More recently, on October 9, UNICEF announced its decision to receive, hold and disburse donations in cryptocurrencies like Bitcoin and Ether. In order to do so, it launched its own Cryptocurrency Fund. The fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide, without converting them into fiat.
The UN agency noted that its national committees in the US, France, Australia, and New Zealand currently accept crypto donations. In April last year, UNICEF had also launched The Homepage, a website that mines cryptocurrency with visitors’ computer processing power.