Nasdaq-listed bitcoin exchange Coinbase has launched a charitable programme Coinbase Giving. Its aim is “to expand economic freedom for every person or company worldwide.”
Today we’re announcing exciting updates to our @PledgeOne commitment and corporate giving. Learn more here https://t.co/cBOjeVWsgx
— Coinbase News (@CoinbaseNews) May 3, 2021
The programme comprises three main categories:
- enhancing education and access to cryptocurrency;
- accelerating the development of protocols underpinning the crypto-economy;
- cultivating the next generation of professionals.
“Coinbase Giving intends not only to support charitable organisations that share our mission and values, but also to manage its own programmes from start to finish,” the statement said.
In the first phase, the company will integrate the non-profit GiveCrypto into Coinbase as a private foundation. In the second phase, $2 million is planned to be allocated to expand the Crypto Community Fund programme.
The third item is a partnership with the non-profit organisation Base 11. As part of this work, Coinbase will launch a recruitment programme in June.
In September 2020, the trading platform stopped taking part in discussions of political and social topics, unless they touched the cryptocurrency sector.
For those who disagreed with this decision, the exchange’s head Brian Armstrong proposed to resign. In October, 60 people left the company, including the head of international marketing John Ras.
Back in April 2021 the listing took place Coinbase on Nasdaq.
Sign up for ForkLog news on VK: VK!