Here's Why Bitcoin and Ethereum Will No Longer Be Accepted by International Animal Rescue

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.IAR_updates says that cryptocurrencies are inconsistent with its values but does not rule out resuming donations in the future

The charity, which was created back in 1989, started accepting donations in Bitcoin, Ethereum, Tezos, Bitcoin Cash, Binance Coin and other cryptocurrencies in late October.While acknowledging that cryptocurrencies are becoming increasingly popular, the nonprofit argues that they are harmful to the environment due to significant power consumption.

Even though projects like Tezos tend to pride themselves on their green cred, IAR states that there is no blockchain that is truly eco-friendly. The organization says that the sector needs more innovation to reach the desired level of sustainability. It leaves the door open for continuing to accept cryptocurrency donations in the future.

The IAR has gained international prominence for lobbying against the shooting of migrant birds in Malta, successfully ending the practice of dancing bears in India and rescuing orangutans from illegal sales, among other causes., the Mozilla Foundation decided to pause cryptocurrency donations in early January due to a casual tweet that resulted in a severe backlash.

 

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