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Binance has said that its charity will assist the Moroccan earthquake victims. The exchange will identify eligible users of the airdrop in Marrakesh-Safi Province through Proof of Address (POA). The post Binance Extends Aid to Morocco Earthquake Relief Amid Ongoing SEC Battle appeared first on BeInCrypto.
As the world continues to adapt to the growing rise and mass adoption of crypto, governments and regulators worldwide are moving to create updated frameworks that govern and regulate the use and impact of digital currencies in certain sectors.
The Giving Block reported that USDC accounted for 44% of the crypto donation volume on its platform in the last year, followed by ETH (24%) and BTC (17%).
The crypto donations have played a “significant role in Ukraine’s defense,” a Ukrainian government official wrote.
The Wikimedia Foundation is facing pressure from users over its acceptance of cryptocurrency donations.
Nonprofits and their supporters are turning to crypto to avoid taxmen, middlemen and restrictive lawmakers. Unless they do their homework, nonprofits face restrictions of a different kind.