RATE Group | BitPay Blocks $100K Bitcoin Donation to Amazon Rainforest Fire Charity
59136
post-template-default,single,single-post,postid-59136,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

BitPay Blocks $100K Bitcoin Donation to Amazon Rainforest Fire Charity

BitPay Blocks $100K Bitcoin Donation to Amazon Rainforest Fire Charity

[ad_1]

Controversial cryptocurrency payments processor BitPay is facing another PR nightmare after the company rejected a $100,000 donation to an Amazon rainforest charity.

BitPay leads Amazon Watch to compliance dead end

According to a social media complaint by Amazon Watch, an organization which seeks to support the Amazon rainforest’s ecology and indigenous peoples, the payment failed to pass BitPay’s internal checks. 

The would-be donor was trying to contribute due to the ongoing wildfires in the Amazon, the charity suggests, but could not complete the payment in Bitcoin (BTC).

Officials attempted to contact BitPay, but had received no response, they said. 

“We want to reach out to this person to resolve this issue, but have no way to do so. We need your help, ASAP. Thank you,” they appealed on Twitter.

The reason for the block is allegedly that Amazon Watch’s maximum payment limit was set at below $100,000. After BitPay advised staff to change it, however, they said that doing…

[ad_2]

Source link