ARTICLE / REPORT
May 14, 2021
Read time: 2 min
As virtual currency becomes more popular and acceptance of it as a new investment asset class grows, individuals accumulating substantial portfolios are likely to explore options under which they can use virtual currencies to make charitable contributions. Donors and charitable organizations in the United States must takes steps to address specific issues and ensure that donations made and received meet Internal Revenue Service requirements.
As virtual currency becomes more popular and acceptance of it as a new investment asset class grows, individuals accumulating substantial portfolios are likely to explore options under which they can use virtual currencies to make charitable contributions. Donors and charitable organizations in the United States must takes steps to address specific issues and ensure that donations made and received meet Internal Revenue Service requirements.
