Promoted: Bitcoin Black Friday, which runs through December 26, 2021, is offering unique Bitcoin collectibles and experiences, with the proceeds going to charity.
Bitcoin buyers can score deals while giving back during the Bitcoin Black Friday campaign The Built With Bitcoin Foundation, a humanitarian organization
Paxful Commits to Donating 1% of Its Annual Profits
Peer-to-peer fintech platform to join the Giving Block s Founder s Circle, aimed at donating annual profits via Bitcoin
News provided by
Share this article
Share this article
NEW YORK, June 4, 2021 /PRNewswire/ Paxful, the leading global peer-to-peer fintech platform, today announced that it will be joining the Founder s Circle, a philanthropic group within the Giving Block. Through the agreement, Paxful commits to donating 1% of its annual profits to charity via the Giving Block. Additionally, Paxful CEO and Co-Founder Ray Youssef will join the Founder s Circle as an individual contributor, donating at least 1% of his average annual Bitcoin holdings.
Punch Newspapers
Sections
Published 16 May 2021
In this interview with NIKE POPOOLA, the Chief Executive Officer and Co-founder, Paxful, Mr Ray Youssef, speaks on how the Federal Government can leverage digital currency to strengthen the naira, among other issues
The Central Bank of Nigeria recently placed a ban on cryptocurrency transactions; how do you intend to work around this?
We don’t intend to go around anything; we want to engage everyone, including the regulators. We want to sit with them and show them what this is all about. When Nigerians are motivated, they can move things very fast, such that they will start wondering what this is all about. Their concern is to know whether it is safe, with the spate of money laundering and terrorism. The regulators of the world, including those in America, are asking the same question. Paxful is everywhere; we only need to engage the regulators and assure them that it is safe and can increase wealth for everyone. We also need t