US national figure skating body adopts Bitcoin donations

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US national figure skating body adopts Bitcoin donations
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The U.S. Figure Skating now allows gifts for any of its major funds in cryptocurrencies like Bitcoin, Ether, Dogecoin, Shiba Inu and many others.

“U.S. Figure Skating now allows gifts of cryptocurrency for any of its major funds. Gifts of cryptocurrency are eligible for tax relief and can help U.S. Figure Skating to create programming for athletes,” the association’s websiteAccording to the announcement, Engiven automatically exchanges donated crypto into the United States dollar, transferring the funds immediately to U.S. Figure Skating. “U.S. Figure Skating is the first national governing body in the U.S.

“Allowing our supporters to give to U.S. Figure Skating using cryptocurrency makes sense in today’s quickly changing financial marketplace.” Baker added that the more avenues available for current and new donors to support the organization, the more U.S. Figure Skating would be able to directly support the athletes and the many programs that serve its members.

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