From Clean Water Supply to Rebuilding Notre Dame: Crypto and Blockchain in Charity

Digital money has been gradually transforming the world’s charity landscape, involving governments and traditional nonprofits. The technology that underpins cryptocurrencies has been gradually entering the charity sector, purportedly providing more transparency and trust to the industry — especially given a decrease in people’s trust in charity organizations, where the public is increasingly concerned about how […]

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FATF to Strengthen Control Over Crypto Exchanges to Prevent Money Laundering

Today’s Financial Action Task Force’s announcement focused on expanding regulation to keep digital currency out of laundering. Today’s Financial Action Task Force’s (FATF) announcement focused on digital currency’s role in money laundering and heightened regulation, as Secretary Steven Mnuchin noted in his closing remarks. The FATF — an intergovernmental organization that focuses its efforts on […]

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Oxfam Partners With Tech Firms to Test Dai’s Use in Disaster Aid

Oxfam has partnered with Australian tech startup Sempo and blockchain company ConsenSys to test stablecoin Dai’s ability to provide aid in regions struck by natural disasters. International charity organization Oxfam has partnered with Australian tech startup Sempo and blockchain company ConsenSys to test stablecoin Dai’s (DAI) suitability for aid in regions suffering from natural disasters, […]

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