Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations. Accepting cryptocurrencies makes it possible for the foundation to receive funding via what is described as one of the fastest-growing donation methods.
Accepting Crypto Expands Foundation’s Donation Channels
A United Arab Emirates (UAE) healthcare organization, Al Jalila Foundation, said it has been given permission to accept digital money and that well-wishers can now donate via cryptocurrencies. By accepting cryptocurrencies, Al Jalila Foundation has become one of the first nonprofit organizations from the UAE to do so.
In a recently released statement, Al Jalila Foundation also said it has partnered with an unnamed “leading cryptocurrency platform.” Commenting on the move that expands the organization’s donation channels, foundation CEO Abdulkareem Sultan Al Olama said:
As a philanthropic organisation we rely on...
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