Legal Services of Greater Miami hosts cryptocurrency program; begins accepting cryptocurrency donations
Legal Services of Greater Miami (Legal Services) recently hosted a panel discussion on cryptocurrency and announced it is also now accepting tax-deductible cryptocurrency donations.
Hosted by Greenberg Traurig in March, the Business Breakfast Panel, “The Impact of Cryptocurrency on Your Business & Our Community,” focused on the opportunities and challenges cryptocurrency presents, specifically for low-income individuals and small businesses, as well as its impact on the community.
“Many in our community are participating in the growing cryptocurrency marketplace, and it is important to have these conversations to bring awareness and ensure the overall economic stability of families, small businesses, and our community are protected in this new environment,“ said Legal Services Executive Director Monica Vigues-Pitan.
Panel members included Francesca de Quesada Covey, a tech innovation advisor to Miami-Dade County and partner with TheVentureCity, and Alpen Sheth, senior principal of Borderless Capital. Matt Haggman of Opportunity Miami, Miami-Dade Beacon Council, moderated the discussion on the emerging financial instrument.
The panel explored whether cryptocurrency offers an opportunity to bridge economic and social justice gaps. Both panelists highlighted the importance of demystifying cryptocurrency, agreeing that cryptocurrency will have growing importance in the national and local South Florida economies. The panelists also agreed that education is key so people are in a better position to understand what cryptocurrency is and the implications of using it for financial transactions.
To that end, both Dr. Sheth and De Quesada Covey are engaged in projects aimed to educate the community about cryptocurrency, as well as make it more accessible.
At the event, Legal Services also announced it is now accepting tax-deductible cryptocurrency donations through a partnership with The Giving Block, providing supporters with an another avenue to make a difference in the lives of low-income families facing harsh realities, such as housing instability and income and food insecurities, made worse by the COVID-19 pandemic’s financial impact.
To make a cryptocurrency gift, visit Legal Services of Greater Miami.
To view the panel discussion on demand click here.