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UK : A London mosque accepts bitcoin donations in Ramadan

The Shacklewell Lane Mosque in Hackney, east London, UK./Ph. DR
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The Shacklewell Lane Mosque in Hackney, East London, accepts cryptocurrency to raise at least £ 10,000 for urgent refurbishment works, says TRTworld quoting the mosque leaders.

«For a donor that already has a bitcoin or an ethereum account, the effort of converting cryptocurrency into say British pounds or dollars can be quite burdensome. The mosque effectively takes the burden on themselves», said blockchain consultant Lukasz Musial, who helped the mosque set up the technology.

British Muslims usually donate money during Ramadan in local mosques and community centers.

«For the donor, it's just the click of a button to transfer to an account provided by the charity. From the mosque's perspective, it opens a new stream of donations coming from all over the world», concluded the official.

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