Unicef now accepting donations through bitcoin and ether

[vennali]

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.

[1715351392]

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[kryptqnick]

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.

This is great! UNICEF is a very famous organization, and it's also the one that's fighting to make the world a better place. Children's rights and needs are often neglected, and UNICEF is trying to deal with it. I think that them accepting cryptos is another step towards adoption as well as a sign for those who still think that Bitcoin is a Ponzi or the money of drug dealers that it is not, and in fact is also used for charity. If more organizations of this level recognize Bitcoin as money, the governments will have no choice but to do the same thing and thus make adequate regulations of it.

[Wexnident]

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.

This really helps the donations made since it produces more profit to help those children whom are in need. We can also view the donated amount publicly which reallty helps in producing the trust since we can see how the agencies use the money donated to them. UNICEF takingbthat step with crypto also spreads the name of crypto which couls potentially help in its adoption.

[Oceat]

Well, that's great because they can accept money around the world without some delays but they've also said that.

Fabian said to reduce risks caused by the currencies’ volatility, most of the initial projects funded in this way would be short-term.
He said the organisation would also uphold existing donor protocols – so those making donations online would have to pass rigorous checks before they were allowed to deposit funds to Unicef.

Which means they require some KYC before they could actually donate to them. I don't know if someone would like that or not but what if they want to stay anonymous? I don't know how to react to this but if it's FIAT, then I'm fine with KYC though since it is common to see someone donating a bigger bag of money with their name on it.

[Ailmand]

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.

It is great that crypto can be used to transfer funds that is allocated to help needy people. It is better because they can save more money due to cheaper fees and faster transaction through cryptocurrency. I also see some people who are doing their own charity through crypto it is like hitting two birds with one stone, helpig others at the same time an exposure for crypto.

[Theb]

Since UNICEF's headquarters is situated in the City of New York I immediately went back to the rules of the BitLicense being required for the New York residents and businesses before they can even be involved in the crypto industry and I was surprise that they are not covered by such requirement since they will be receiving cryptocurrencies as a form of donation which is not covered by the BitLicense requirement. So maybe the city of New York have seen this coming or maybe UNICEF was part of the plan all along. I just hope that they have given the same treatment for their own residents conducting normal activities related to cryptocurrencies because they are treating them like a corporation conducting a big business in the crypto industry.

[acroman08]

took them long enough. UNICEF France has been accepting cryptocurrency for a year now. not sure what took UNICEF Global so long to decide to accept cryptocurrency as a donation.
either way I am glad that they finally decided to add cryptocurrency to their list.

Since UNICEF's headquarters is situated in the City of New York I immediately went back to the rules of the BitLicense being required for the New York residents and businesses before they can even be involved in the crypto industry and I was surprise that they are not covered by such requirement since they will be receiving cryptocurrencies as a form of donation which is not covered by the BitLicense requirement. So maybe the city of New York have seen this coming or maybe UNICEF was part of the plan all along. I just hope that they have given the same treatment for their own residents conducting normal activities related to cryptocurrencies because they are treating them like a corporation conducting a big business in the crypto industry.

I expected as much them being a world organization has it's perks.

[AverageGlabella]

took them long enough. UNICEF France has been accepting cryptocurrency for a year now.

Have they had an increase in donations since accepting Bitcoin/cryptocurrencies? I just feel like this is not that much to get excited by because its not going to increase the overall use of Bitcoin and they are not going to get many donations in Bitcoin if any at all. People would prefer to donate money in cash because of the potential of Bitcoin rising in the future where as cash will probably fall in the future.

[bitbunnny]

This is good for Bitcoin promotion. UNICEF is well known and prominet world organization so this is a big step. Probably this will attract new type of donators, probably also more young people. Hope they have regulated that well but the sad thing is that at the end they will need to exchange Bitcoin for fiat currencies in order to be able to really help children.

[nankers]

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.

though for now only accept ethereum and bitcoin to donate, but im really glad to read this news. although it doesn't help directly, at least I'm happy to be able to help by donating and for this, Unicef makes it easy for crypto users to participate in donating

[shield132]

We can proudly say that this is really a great achievement. It will be very interesting to know how much donations will come from crypto, if it will be really significant, I think it will be a huge positive impact among people and bitcoin won't only be considered as a money for laundering and buying of illegal things but also it will show that bitcoin users are kind people too and bitcoin is used for good job too.
In overall really great news, can't wait to see statistics of upcoming monthes.

[Expecto]

UNICEF is doing a very good job by accepting donations through Bitcoin and Ether. Cryptocurrencies had a bad image some time. Using cryptos for the good of people is going to make their image better.

[pereira4]

This is good news, but i wonder if it's possible to make anonymous donation with BTC or ETH? I don't see reason people would use BTC or ETH to make donation if they're forced to give away their identity where they'd have easier time by donating fiat instead.

I think you can donate anonymously, they have made this campaign for instance and there are anonymous donations listed on the bottom right:

https://www.givengain.com/cause/1577/campaigns/5369/

Complete list:

https://www.givengain.com/cause/1577/campaigns/5369/donations/

I don't know if this is only throught this interface-website thing but since the money is going to UNICEF I assume you can donate anonymously, so technically I don't see why they wouldn't accept BTC anonymously, the problem is if it comes from problematic addresses like addresses linked to criminal activity, it may be troublesome, this is why we need better fungibility. It shouldn't matter where the money came from if ultimately it goes into a good cause.

[XCANA]

The best news for the past weeks, UNICEF is worldwide and for them accepting cryptocurrency is a big plus for the community, if things move very fats like this, we may see a very huge and robust competition among investors either institutions or individuals investors. The transparency brought to us by cryptocurrency through Blockchain is unspeakable and will attract the global community to fight against slavery, give power and freedom back to the masses.

[alexsandria]

Wow! A great news! We all know what UNICEF is and what UNICEF do to the world. They fight for children's rights and help them in their physiological needs and accepting donations through bitcoin and etherium will definitely help them. It is time for us, bitcoin enthusiasts and users to help UNICEF to make the world a better place for children, every crypto counts, even it is a small donation or a big one.

[imstillthebest]

Wow! A great news! We all know what UNICEF is

not really  . i dont know if what is unicef but if im not mistaken i think i heard that name before , a long time ago   . is this some kind of a charity or what ? but speaking of donations and charity  .  ive been using a payment app that has a service to donate to the charities , im saying that this news was not new or the first to implement this idea though this is still a verry good news because we crypto users can now make a donation in a less hassel way and more importantly in a private way  .

[metallica101]

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.

Great news for everyone - it can help UNICEF with donations, it can help people willing to donate with lower fees, and it can help BTC and ETH with exposure. Not to mention the fact that this is the first time that UN agency is actively and openly working with cryptocurrencies. Everybody wins. This isthe kind of developments that crypto needs.

[AjithBtc]

Lack of financial transparency is a major reason for the corruption that is taking place around the globe. In several countries due to corrupt government the entire country have been suffering economic problems. When there is transparency automatically things will happen in the right way. Understanding the need and the underlying technology UNICEF have begun accepting bitcoin and ether.

[Willitivity]

This is actually a very good development for cryptos. UNICEF deciding to accept donations in BTC and ETH goes to extent to show that most of these huge organisations are now beginning to believe I'm cryptocurrencies and the change they could bring. Another good thing about this is that it opens more doors to receive more donations from all over the world.

[BlackFor3st]

Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency.

Read more about it by clicking here.

Unicef is now expanding their options on where to receive their donations and this move is another acceptance of crypto currencies which is a good.

This big organization that is compose of United nations that is base on New York, United State will surely influence the other organization to move forward by starting to accept crypto currencies also. Unicef move is very wise also as they outsmart the banks fees.