RATE Group | UNICEF launches Cryptocurrency Fund – IBS Intelligence
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UNICEF launches Cryptocurrency Fund – IBS Intelligence

12 Oct UNICEF launches Cryptocurrency Fund – IBS Intelligence

Posted at 14:12h in Cryptocurrency News by

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UNICEFThe United Nations Children’s Fund UNICEF said it has set up a cryptocurrency fund to receive, hold and disburse donations in Ether and Bitcoin. It will use cryptocurrencies to fund open source technology benefiting children and young people around the world.

UNICEF will be able to receive, hold and disburse donations of cryptocurrencies through its newly-established UNICEF Cryptocurrency Fund. Under the structure of the fund, contributions will be held in their cryptocurrency of contribution, and granted out in the same cryptocurrency, UNICEF said in a statement.

“This is a new and exciting venture for UNICEF,” said Henrietta Fore, UNICEF Executive Director. “If digital economies and currencies have the potential to shape the lives of coming generations, it is important that we explore the opportunities they offer. That’s why the creation of our Cryptocurrency Fund is a significant and…

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