Fidelity Charitable Gains around $100 Mn Donations in Crypto

Fidelity Charitable (the charity wing of Fidelity) has revealed that it has received more than $100 million in cryptocurrency donations since 2015. It has proved that cryptocurrencies represented the fastest-growing asset type by securing $69 million in donations in 2017 alone. Amy Pirozzolo head of Fidelity Charitable explained, “Clients give their most appreciated assets first… because it provides the best tax advantages for the donor and charity.”

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