by Rushali 
Jack Dorsey, Twitter CEO along with rapper Jay-Z has announced creating a blind Bitcoin development trust worth 500 BTC ($23.7 million) working on the projects in India and Africa.
On Feb 12 Dorsey has tweeted this and also send out a call for three board members to look after the trust.
Just a few hours before the tweet the news broke that the Indian government is banning all types of cryptocurrencies. The country could soon ban all cryptocurrency and give 3-6 months’ time to its users to liquidate their holdings.
On Feb. 10, Jack Dorsey donated $1 million to the Washington D.C-based nonprofit organization Coin Center which also received a $2 million donation from asset management firm Grayscale.
