The Washington, DC Archdiocese of the Roman Catholic Church will begin accepting cryptocurrency donations as part of an effort to grow its ministries.
In an announcement Tuesday, crypto platform Engiven said it would facilitate donations to the Roman Catholic Archdiocese of Washington DC for fundraising and to increase the church’s “digital stewardship initiatives.” According to the archdiocese’s website, the funds will be used to directly support 139 parishes in the DC area, as well as local programs, including providing food to those in need.
“The Roman Catholic Archdiocese of Washington, DC is seeking to use technology to engage parishioners in new and exciting ways, making it easier for the faithful to fulfill the Church’s mission,” said Joseph Gillmer, executive director of development for the archdiocese.
Engiven is proud to partner with the Roman Catholic Archdiocese of Washington.
Why do organizations choose Engiven?
✅ Unparalleled Security
✅ Unparalleled Features + Customization
✅World-class support#cryptocurrency #non-profit #philanthropyhttps://t.co/AelIxnc1fq pic.twitter.com/W4HWZ24gfb— given (@engiveninc) August 2, 2022
Engiven’s page for the Archdiocese included the option to anonymously send donations in many cryptocurrencies, from Bitcoin (BTC) to the ZRX of 0x. According to the platform, funds earmarked for individual parishes receive 100% of net proceeds from donations.
TSWT reported in November that Engiven had facilitated crypto donations for more than 400 faith-based organizations, including processing a single $10 million BTC donation. Founder James Lawrence said at the time that “no faith-based organization, church, or non-profit can afford to neglect its online audience, donors, and seekers,” with crypto becoming a part of that ecosystem.
Related: Pro-Russian groups only collected 4% of crypto donations sent to Ukraine
While certain dioceses within the Roman Catholic Church appear to be open to using the latest technology, the Russian Orthodox Church said in February 2021 that it had no intention of accepting cryptocurrency for donations, nor developing its own digital currency. to create. A spokesperson at the time suggested that church members send money over the phone instead of crypto. Russian President Vladimir Putin has since signed a law banning digital financial assets as payments in the country.