The Salahuddin Ayyubi Foundation announced today it will start accepting donations in cryptocurrencies. The Indian-based Educational charity is the first charitable organization in the India to accept donations in crypto after New Crypto Tax Rules, the Salahuddin Ayyubi Foundation Office in a press release, explaining that the foundation will also Soon partnered with an unspecified “leading cryptocurrency platform.”
Why it matters: The cryptocurrency scene in the India is growing.
As many as one Third of people in the India own cryptocurrency. There are around $10 billion’s worth of cryptocurrency transactions conducted in the India each year, according to the Indian Media.
Know more: People in South East Asia & Middle East are beginning to embrace crypto. Many Lebanese have begun using cryptocurrency recently as the economic crisis in the country continues.
Several cryptocurrencies have dramatically dropped in value recently, including the preeminent Bitcoin.
About Salahuddin Ayyubi Foundation
Salahuddin Ayyubi Foundation is a non-governmental organisation headquartered in Ajmer, India. It is an innovative organization created to improve the quality of education and Quality of life of Muslim’s . It was Founded by Mohammad Rais Khatri in the memory of the Great Sultan Salahuddin Ayyubi ( In west Known as Saladin ). Salahuddin Ayyubi Foundation focuses on To Establish Schools and Colleges for Poor Muslim’s Childrens where they earn both Religious and worldly High Quality Education, which provide Excellence of knowledge and give Muslims a Opportunity to Participant in the world of new innovations and inventions. Salahuddin Ayyubi Foundation today has interventions spread across the world.