Updated: Jan 19
Texas Blockchain Council now accepts donations in the form of cryptocurrency.
Texas Blockchain Council accepts tax efficient donations in the following cryptocurrencies via The Giving Block:
Bitcoin Donations (BTC)
Ethereum Donations (ETH)
Amp Donations (AMP)
Basic Attention Token Donations (BAT)
Bitcoin Cash Donations Donations (BCH)
ChainLink Donations (LINK)
Dai Donations (DAI)
Gemini Dollar Donations (GUSD)
Zcash Donations (ZEC)
0x Donations (ZRX)
Litecoin Donations (LTC)
By accepting cryptocurrencies, Texas Blockchain Council is offering cryptocurrency users the ability to support the charity in a tax efficient way. The IRS classifies cryptocurrency donations as property, meaning they are not subject to capital gains tax and are deductible on the donor's tax returns.
The Texas Blockchain Council is a nonprofit industry association made up of companies and individuals that work with blockchain and distributed ledger technology. Their mission is to promote blockchain technology initiatives that drive growth and benefit the citizens of Texas. They exist to amalgamate the influence of our members to advocate for blockchain-centric public policy initiatives, to educate members of government about the benefits of blockchain technology, and to provide subject matter expertise on topics related to blockchain and distributed ledger technology.
To learn more about Texas Blockchain Council visit their site: texasblockchaincouncil.com
About The Giving Block
The Giving Block equips nonprofits to fundraise cryptocurrencies like Bitcoin, providing education, training and a technical solution. For nonprofits who choose to go the extra mile, they advise on crypto fundraising strategies, and/or pair nonprofits up with partner crypto organizations, elevating fundraising and awareness outcomes. Ultimately, they help nonprofits build a cryptocurrency fundraising program, and a brand in the cryptocurrency industry.