With the growing popularity of crypto in the market, everyone wants to indulge in this area to gain as much profit as they can while it lasts. Same as every other investor, a global organization, Progressive International, supports left-wing organizers and activists. They have decided to set foot in the cryptocurrencies after getting a cut-off by various major banking and payment firms.
On Monday, Progressive International went on Twitter to announce that they will now be accepting donations in the form of cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC). This was done to defend themselves from permanently shutting down from the global financial system.
Progressive International’s spokesperson said in an interview with Cointelegraph the Payment platform PayPal and The Dutch ING Bank have blocked all donations to the organization. They also added that the campaign of vaccinating people against COVID-19 with Cuba was also banned.
On this, the PayPal and ING representative said they are taking action to support the ban by the United States. The vaccination campaign was announced last month, which intended to highlight the progress of the Cuban government in developing Covid-19 vaccines.
Progressive International depends on the modest donations made by the public that funds their work, added the representative.
The spokesperson also added that they are planning to carry on with accepting donations in cryptocurrencies to fund their projects. And they are also thinking of expanding to other currencies and not just limiting it to Cuba, as we deem fit.