The Human Rights Foundation (HRF) announced a new round of Bitcoin Development Fund grants totaling 800 million satoshis (8 BTC), valued over $874,000. Allocated to 22 projects globally, the funding focuses on open-source development, educational initiatives, and tools for human rights advocates, particularly in Latin America, Africa, and Asia. Projects like Mostro and SudaBit aim to enhance access to Bitcoin in authoritarian contexts, providing decentralized solutions for financial freedom and resilience amid crises and censorship.
In authoritarian regimes, centralized exchanges enforce strict identity verification and frequently freeze user accounts. In these environments, Mostro provides a private and censorship-resistant way to access Bitcoin.
As war and hyperinflation devastate Sudan, traditional banks and remittance systems have collapsed. SudaBit provides a critical financial lifeline where few options remain, allowing access to Bitcoin.
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