No, we can not claim Gift Aid on your cryptoasset donation.
HMRC does not consider cryptoassets to be currency or money, so any donations of cryptoassets will not be eligible for Gift Aid.
If cryptoassets are converted to ‘money’ then the converted ‘money’ can be donated to charity under the Gift Aid scheme, subject to normal qualifying conditions applying.
The donor must convert cryptoassets into ‘money’ before donating it to the charity and should bear in mind any personal Capital Gains Tax implications.
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