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Home»News»Wikimedia Foundation Announces It Will Stop Accepting Cryptocurrency Donations
Wikimedia Foundation Announces It Will Stop Accepting Cryptocurrency Donations
April 14, 2022

Wikimedia Foundation Announces It Will Stop Accepting Cryptocurrency Donations

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According to an official announcement, the Wikimedia Foundation has announced that it will stop accepting cryptocurrency donations. It is reported that Wikipedia contributor Molly White published in January this year whether the Wikimedia Foundation should continue to accept cryptocurrency donations related proposals.

She believes cryptocurrencies are extremely risky investments, and Wikipedia is contributing to their mainstream acceptance.

According to the proposal, being associated with crypto would pose a reputational risk to the Wikimedia Foundation. The wiki community approved the proposal with 71.17% of the vote.

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