The Archdiocese of Washington says it’s happy to accept cryptocurrency donations, even if parishioners can’t physically put Bitcoin into a collection plate. It’s believed to be the first Catholic diocese in America to announce the capability.
The archdiocese, which has 655,000 members in the District of Columbia and five counties in Maryland, said Tuesday it will use a donation services company to process the gifts to various Catholic ministries, including the Parish Support Initiative, which helps fund food pantries and hot meal programs.
The archdiocese reported no cryptocurrency donations so far, noting that the option launched on July 29. It also said any donations it receives will be converted into cash and sent to the church.
Joseph Gillmer, the archdiocese’s executive director of development, said via email that while donations of cryptocurrency are in a category similar to gifts of stocks or bonds, the potential for high-dollar donations is greater.
“The number of gifts...
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