Mutual Fund Giant Fidelity Accepts Bitcoin Through Charity Arm

Mutual Fund Giant Fidelity Accepts Bitcoin Through Charity Arm

Fidelity Charitable, the public charity arm of US mutual fund giant Fidelity Investments, has announced customers can now use bitcoin to support charities through its donor-advised funds. According to the organization's latest annual report, Fidelity Charitable customers had more than 63,000 donor-advised accounts open as of 2014, with the median giving balance equalling roughly $16,000. In statements, Fidelity Charitable senior vice president Matt Nash sought to emphasize that the move was geared toward maximizing the ways in which its 100,000 donors could engage in philanthropic giving.....


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