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 168 days ago
 Source: inc42.com

UNICEF Cryptocurrency Fund, E-Money Licence To Coinbase And More

Quick Summary

UNICEF Launches Cryptocurrency FundIn order to be able to receive funding in crypto, hold and disburse the donations further, the United Nations International Children’s Emergency Fund (UNICEF) has launched UNICEF Cryptocurrency Fund. Currently, accepting only Ethereum and Bitcoin, 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. 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 received from the Ethereum Foundation and will benefit three grantees of the UNICEF Innovation Fund – and a project coordinated by the GIGA initiative to connect schools across the world to the internet. Coinbase Granted An E-Money Licence In IrelandLeading cryptocurrency exchange Coinbase has been granted an e-money licence by the Central Bank of Ireland.

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