Global humanitarian agency UNICEF (the United Nations International Children’s Emergency Fund), received a $1 million donation in Bitcoin last week, it said a release shared with CryptoSlate.
Behind the donation was the charity arm of Huobi Global, a crypto conglomerate best known for its crypto exchange and institutional trading services.
It was one of the first such moves in the agency’s history—one that paves the part forward for more such crypto donations in the future.
Bitcoin for the world
The BTC donation was made to the UNICEF CryptoFund, a new financial vehicle allowing UNICEF to receive, hold, and disburse cryptocurrency, and UNICEF’s Innovation Fund, a pooled fund specifically designed to finance early-stage, open-source technology that can benefit children.
.@HuobiCharity commits $1M in BTC + USD to @UNICEFinnovate!
“Huobi Charity shares in UNICEF’s vision to match today’s challenges with tomorrow’s solutions, including through the advancement of open so
Źródło: https://cryptoslate.com/exclusive-unicef-explains-how-bitcoin-donations-help-its-cause/
