RATE Group | Bitcoin’s Existential Risks; New Crypto Tax Rules
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Bitcoin’s Existential Risks; New Crypto Tax Rules

13 Oct Bitcoin’s Existential Risks; New Crypto Tax Rules

Posted at 18:55h in Bitcoin News by

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UNICEF DEPLOYS NEW BLOCKCHAIN FUND

Unicef announced its new crypto fund this week, marking the first time any part of the United Nations will be able to accept donations of digital currency. The fund will invest in early-stage, open-source companies working with children and is currently limited to no more than 1,000 bitcoin and 10,000 ether. Notably, it will not convert the assets it holds into U.S. dollars or any other fiat currency. 

“Unicef has a network of 190 offices across the world that brings to the Ethereum ecosystem the ability to work with leading minds in regions that could benefit the most from Ethereum technology,” said Aya Miyaguchi, executive director of the Ethereum Foundation,…

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