RATE Group | UNICEF launches Cryptocurrency Fund | Mirage News
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UNICEF launches Cryptocurrency Fund | Mirage News

09 Oct UNICEF launches Cryptocurrency Fund | Mirage News

Posted at 05:24h in Cryptocurrency News by

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NEW YORK, 9 October 2019 – UNICEF will now be able to receive, hold and disburse donations of cryptocurrencies ether and bitcoin, through its newly-established UNICEF Cryptocurrency Fund. In a first for United Nations organizations, UNICEF will use cryptocurrencies to fund open source technology benefiting children and young people around the world.

Under the structure of the UNICEF Cryptocurrency Fund, contributions will be held in their cryptocurrency of contribution, and granted out in the same cryptocurrency.

“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 welcome step forward in humanitarian and development work.”

The first contributions to the UNICEF Cryptocurrency Fund will be…

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