People are giving crypto to endowments

Join thousands of others who receive this daily analysis of crypto markets & news in their inbox every morning - subscribe now. Colleges are being forced to understand crypto quickly. Recent headlines have focused on higher education endowments investing in crypto funds, but there is another trend surfacing — millennials making crypto donations to their alma maters. These inbound requests to schools has required them to (1) learn what cryptocurrency is, (2) select an option for how to process the donation, and (3) identify the proper tax ramifications for both the universities and the donors.

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