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Major charities such as the Red Cross have already taken advantage of the transparency benefits offered by cryptocurrency donations, which use blockchain’s distributive ledger technology to allow for secure payments without the involvement of a bank or intermediary.

Still, there are some serious regulatory question marks related to tax and privacy laws that might—at least for the time being—make the whole endeavor more trouble than it’s worth.

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Frank Ready

Frank Ready is a reporter on the tech desk at ALM Media. He can be reached at [email protected]

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