Philippines

Donate to Typhoon Victims … with Bitcoin

(CNN) As governments and companies around the world pledge millions of dollars to support relief efforts in the Philippines, Bitcoin users are also doing their part.

Avish Bhama and Sean Lavine, founders of U.S.-based Bitcoin exchange BitMe, have created the Philippines Typhoon Relief Bitcoin Wallet to collect donations for the Philippine Red Cross.

Bhama and Lavine said in a note to fellow Bitcoin adopters that they wanted to change the “erroneous” perception that the virtual currency is “only used for facilitating illegal activity.”