Written by William Subergstaff writerReviewed by Igor Belkinformer editorBitcoin Donations Debut At Medical Marijuana Research Giant
Latest NewsPublishedFeb 15, 2017
The US psychedelic research organization MAPS has started accepting Bitcoin donations. The move is the latest in a series of beneficial decisions for Bitcoin from the US’ fledgling medical marijuana industry.
The US Multidisciplinary Association for Psychedelic Studies, hereinafter MAPS, has started accepting Bitcoin donations in a further boost for the cryptocurrency from the marijuana industry.
Founded in 1986, MAPS describes itself as a non-profit research and educational organization that develops medical, legal and cultural contexts for people to benefit from the careful uses of psychedelics and marijuana.
Donations in Bitcoin can be made using a dedicated form.
The announcement is the latest in a series of supportive moves from marijuana entities across the US. In October of last year, California and Oregon, having taken steps to legalize the drug, gained the country’s first-ever ‘sanctioned’ Blockchain POS tools for approved dispensaries.
Colorado followed around the same time as Bitcoin banking became the method of choice for marijuana operators in the state.
California meanwhile hosted a six-day gathering of experts from across the world this month, the aim of which was discussing advances made in the medical marijuana industry. MAPS, along with the Beckley Foundation, hosted the event in Oakland.
Subscribe to daily byte-sized crypto news from Cointelegraph
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
More on the subject
