Susan G. Komen Organization Now Accepts BTC, ETH, SHIB, and Other Cryptocurrencies for Donations

Susan G. Komen, also known as Komen in the USA, allows people who wish to support the cause of breast cancer to donate digital assets rather than fiat currencies. The Giving Block is the partner in this initiative.

Susan G. Komen posted the announcement on its Twitter account. This new donation type is expected to provide “more options to fight breast cancer” and help save lives.

Breaking news

Susan G. Komen has partnered with @TheGivingBlock to accept #cryptocurrency donations. You can also donate #Bitcoin and #Ethereum. This will allow us to find more ways of fighting #breastcancer, and save lives. Donate today

https://t.co/gvWgHlmzDd pic.twitter.com/bxhZOy23ec

— Susan G. Komen (@SusanGKomen), December 26, 2021

The Giving Block, the entity’s associate, revealed that more than 50 cryptocurrencies were accepted. Some of the most popular examples include Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and Shiba Inu (SHIB).Interestingly, people are able to donate with some of the most popular Metaverse tokens as well – The Sandbox (SAND) and Decentraland (MANA).The Giving Block noted that according to current US law giving away digital assets is more tax efficient and could “save you money.””The IRS classifies cryptocurrency as property for tax purposes, which means it is typically the most tax-efficient way to support your favorite cause,” the company explained.Not long ago, another charity organization – Nicklaus Children’s Hospital Foundation – announced it accepts donations in cryptocurrencies. This non-profit organization, which focuses on improving healthcare for children, has accepted Bitcoin (BTC), Ether(ETH), Bitcoin Cash/BCH), Dogecoin/DOGE and many other digital assets. The organization had previously received $69 million in cryptocurrency in 2017.
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Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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