Charities Seek Donations in Bitcoin

Charities are often open to all sorts of donations, whether in money or in kind. Now they're turning to a new source: donations of bitcoin.

Among the charities soliciting donations from bitcoin users are Save the Children, an aid agency that receives hundreds of millions of dollars in donations every year, American Red Cross and Greenpeace.

"There is a sense that this is growing in acceptance in the nonprofit sector," says Ettore Rossetti, director, social media and digital marketing at Save the Children.

Bitcoin is a six-year-old virtual currency that can be traded on numerous exchanges or used in...