Bitcoin basics for NFPs: Accepting and valuing crypto asset gifts
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Bitcoin basics for NFPs: Accepting and valuing crypto asset gifts

1 year ago · 9 min read

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As crypto assets (crypto) continue to make the headlines and push into the mainstream of finance, more nonprofits are seeking solutions for donations of these assets and asking questions about accounting implications. This article outlines the basics for accepting and valuing donations of bitcoin and other crypto and highlights some important considerations for working with third-party service providers to receive, hold, and liquidate these assets.

This article was first published in 2018 based on the experience of the Silicon Valley

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