Hong Kong Free Press accepts donations in Bitcoin, Bitcoin Cash

Hong Kong Free Press, a leading independent publication relied upon for its impartial coverage of the Hong Kong protests, now accepts donations in Bitcoin and Bitcoin Cash.

- Advertisement -

“We’ve seen a flurry of donations today! Help us pay for freelancers, safety gear, overtime, insurance etc,” writes u/mod89, a Redditor who says he is the paper’s editor-in-chief.

HKFP touts itself as the link between English and Chinese reporting, and an independent voice among a slew of papers many see as corrupted by the influence of the Chinese government. 

The paper currently accepts donations through BitPay, a service many regard as slow, which the paper has acknowledged. “When I can get my head around this, after the protests settle, we’ll fix it,” writes the editor.

Since March, the city of Hong Kong has been thrown into tumult. Protests center around a bill, pushed by China, that would allow criminals to be expedited from Hong Kong to China. As the government debates the bill, peaceful protests, which railed against China’s encroachment into the territory, have been met with force by Hong Kong police, including rubber bullets, batons, and tear gas. 

The protestors now have five demands: the withdrawal of the extradition bill; the resignation of the Chief Executive, Carrie Lam; government recognition of the protests as protests, rather than riots; an independent investigation into the police; and the release of everyone detained due to protests. 

- Advertisement -

Since the protest started, over 600 people have been arrested. 

HKFP’s acceptance of Bitcoin and Bitcoin cash is not the first time crypto has been to support non-profits. Binance, Coinbase, and Ripple recently raised millions through their charity funds. The UN also uses crypto remittances in Jordanian refugee camps. 

Source

Previous Articles:

- Advertisement -

Latest

Gold-Backed Cryptocurrencies Surge as Investors Seek Digital Safe Haven

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have surged over 24% year-to-date to all-time highs above $3,300.While tokenized gold has thrived...

Mantra (OM) token plummets 90% in 24 hours, wipes out $6B market cap

Mantra (OM) token has crashed over 90% in 24 hours, plummeting from $6.3 to under $0.50, wiping out most of its $6 billion market...

Crypto Gaming Tokens Plummet, Vanish from Top 100 as Market Struggles

Gaming tokens have disappeared from the top 100 cryptocurrency rankings by market cap despite having six representatives a year ago.Eve Frontier launched a 10-day...

Trump to impose new semiconductor tariffs on electronics within months

Commerce Secretary Howard Lutnick clarified that recent tariff exemptions for consumer electronics are only temporary.New semiconductor-focused tariffs are expected within "a month or two"...

AI Revolution: Emotional Agents Could Solve Web3 User Experience Crisis

AI agents with emotional capabilities could make Web3 tools more accessible by providing personalized guidance to new users.The steep learning curve of Web3 applications...

Must Read

Are Cryptocurrency Securities?

TL;DR - Cryptocurrencies are not typically considered securities, as they are decentralized digital assets that operate independently of any central authority or government. However,...