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Salvation Army Now Accepts Bitcoin, Ether Donations in US

The Salvation Army Western Territory is now accepting crypto donations through Engiven’s platform.

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The Salvation Army Western Territory is now accepting bitcoin and ethereum donations across the U.S.

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  • Announced Thursday, the charity has partnered with cryptocurrency giving platform Engiven for the new donation options.
  • Over a century old, the Salvation Army is an international charity and church that is known for its network of thrift stores. Funds collected go towards its emergency relief efforts and ongoing programs such as shelters and hospitals.
  • When making a donation, if a zip code is provided the cryptocurrency would then go toward financing the donor's local Salvation Army programs, according to the announcement.
  • Salvation Army said it expects a busy period ahead and plans to serve up to 155% more people with holiday assistance this year, making fundraising activities important.
  • The ongoing coronavirus pandemic and its economic effects will also mean more families and individuals are facing unemployment and financial hardships this holiday season.
  • "There is no gold at the end of the rainbow, but with the rise in popularity and value of bitcoin it certainly could feel like it to some crypto investors,” said Lt. Colonel Kyle Smith, Salvation Army Western secretary of communication.
  • “I believe the crypto community cares and could make a big difference in The Salvation Army's efforts to help those struggling in communities across our country," Smith added.

See also: Charity Turns Down Bitcoin Donation From Darkside Hackers

Tanzeel Akhtar

Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.

Tanzeel Akhtar