Will wikipedia stop accepting cryptocurrency donations?

The Wikimedia community voted Tuesday in favor of a proposal to stop accepting cryptocurrency donations to the Wikimedia Foundation, which hosts the free online encyclopedia Wikipedia. So far, it's unclear whether the foundation will act on the community's decision and halt cryptocurrency donations.

What percentage of voters want to stop accepting cryptocurrency?

Of the 326 votes cast between January 10 and April 12 this year, 71 percent (232) supported the proposal to stop accepting cryptocurrency while roughly 29 percent wanted to continue doing so. The results, however, are non-binding.

What's happening in crypto and Web3?

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Wikimedia, the non-profit foundation that runs Wikipedia, has decided to stop accepting cryptocurrency donations following a three-month debate in which the environmental impact of bitcoin (BTC) was a major discussion point.

How much does the crypto Foundation get from crypto donations?

The foundation received crypto donations worth about $130,000 in the most recent fiscal year—less than 0.1 percent of the foundation's revenue, which topped $150 million last year. Debate on the proposal has raged over the last three months.