Wikipedia stops accepting cryptocurrency donations

Wikipedia has said it will no longer be accepting donations in crypto, closing its Bitpay account following a three month debate by the Wikimedia Foundation.

The initial proposition by Wikipedia editor Molly White for Wikipedia to stop accepting cryptocurrency donations by the Wikimedia community took place between January 10th and April 12th 2022. The Wikimedia Foundation (WMF) has now released a statement that outlines that they will no longer accept cryptocurrency donations.

“The Wikimedia Foundation has decided to stop accepting cryptocurrency donations. The decision was made based on a community request that the WMF no longer accept crypto donations, which came out of a three-month-long discussion that wrapped up earlier this month.” the statement read.