The Wikimedia community formally requests that the Wikimedia Foundation no longer accept cryptocurrency donations

Wikipedia editors and other members of the Wikimedia communities completed a three-month-long discussion about whether the Wikimedia Foundation (WMF) should continue to accept donations in crypto. The WMF, which is the non-profit that owns and operates Wikipedia and related projects, has accepted crypto donations via BitPay since 2014. They have been a small source of donation revenue — in the last fiscal year, the WMF received about $130,000 worth of crypto donations. "Crypto was around 0.08% of our revenue last year, and it remains one of our smallest revenue channels," wrote a Wikimedia Foundation staff member.

The community member writing the closing summary of the discussion wrote that "Common arguments in support include: issues of environmental sustainability, that accepting cryptocurrencies constitutes implicit endorsement of the issues surrounding cryptocurrencies, and community issues with the risk to the movement's reputation for accepting cryptocurrencies.... Excluding new accounts and unregistered users, the tally is 232 to 94, or 71.17% in support of the proposal. These results indicate overall community support, with a significant minority in opposition. Thus, the Wikimedia community requests that the Wikimedia Foundation stop accepting cryptocurrency donations."