Canadian University Bitcoin Donations Ease Pain of Human Trafficking
Simon Fraser University (SFU) is now the first Canadian university to accept Bitcoin donations. The donations will go toward an SFU co-op project in India called Destiny Reflection. The project works to empower girls who are victims of human trafficking or happen to be vulnerable to the crime. Kicking off their announcement, SFU alumnus Scott Nelson and Mike Yeung, president of the Simon Fraser Bitcoin Club, donated the bitcoins equivalent of $6000. But it's not about the bitcoins. It's so much more than that. CCN. "Bitcoin can be moulded in ways that can benefit people [in every part of....
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Simon Fraser University (SFU) became the first Canadian university to accept bitcoin today, announcing it will now take donations in digital currency. Founded in 1965, the British Columbia-based university boasts more than 35,000 students, and was recently named as one of the top global universities under 150 years old. Simon Fraser Bitcoin Club president Mike Yeung, who together with SFU alumnus Scott Nelson provided the first bitcoin donation to the school, explained that bitcoin is a way for the university to bolster its perception as a forward-thinking institution. Yeung said: "SFU is....
The NGO will accept bitcoin donations both on-chain and through the Lightning Network leveraging OpenNode.
Leading exchanges are tracing suspicious crypto transactions to combat human trafficking Cryptocurrency exchanges Coinbase, Paxful, Gemini and BitFinex have all joined the Anti-Human Trafficking Cryptocurrency Consortium, or ATCC. Launched in April 2020 by the Anti-Human Trafficking Intelligence Initiative, the consortium is a nonprofit focused on intelligence sharing, best practices and the development of tools to fight trafficking. The ATCC brings together crypto exchanges, blockchain intelligence firms and law enforcement to combat human trafficking and child sexual abuse material, also....
Earlier this week, Simon Fraser University (SFU) in Vancouver announced that it will now be accepting Bitcoin donations to help fund a project that is sending two SFU students to India this fall, a project that will focus on empowering women. The university has become the first postsecondary school to support Bitcoin in Canada, and may even follow suit by accepting the digital currency in the university bookstore and dining services on its campuses in the Vancouver area. The decision was made after the project received a $6,000 donation in Bitcoin. SFU Alumnus Scott Nelson and Simon Fraser....
The US Department of the Treasury sanctioned a Cambodian mogul and his businesses for their role in crypto-related human trafficking operations. The magnate’s companies have been investigated for their serious human rights abuse related to trafficking crimes and online scams for the past two years. Related Reading: Ethereum Founder Vitalik Buterin Clarifies Latest 190 ETH […]