Economy

The United Nations Children's Fund (UNICEF) has established a cryptocurrency fund to accept donations in bitcoins and Ethereum. Digital assets will finance open source technologies for children and youth around the world. UNICEF became the first organization in the UN that transacts in cryptocurrency, the fund said in a press release. “If the digital economy and currencies have […]

The Liechtenstein Parliament passed the Blockchain Law this week, designed to stimulate the further development of new financial technologies and increase the effectiveness of the so-called “tokenomics” – an economy based on cryptocurrency tokens. According to Coin-Ratgeber, the preparation of the bill took three years, and after its adoption in the second reading, the document was sent for signature to the Prince of Liechtenstein. As the publication notes, […]

Cryptocurrencies cannot be regulated by analogy with money or existing financial instruments. This was stated in an interview for the YouTube channel “Russian Norms!” By one of the initiators of the creation of the Belarusian High-Tech Park (HTP), investor of the Currency.com cryptocurrency exchange and founder of VP Capital, Viktor Prokopenya. “Cryptocurrencies are a new phenomenon, a new story. And under it you need to write your own rules with […]

The Venezuelan government uses cryptocurrencies “for free national and international payments,” Bloomberg reports citing President Nicolas Maduro. According to Maduro, the new tools of the Ministry of Finance and the central bank will soon allow everyone to carry out banking operations, including international payments. “Venezuela is already working in the cryptocurrency world,” Maduro summed up. Last week, it became known that the country's central bank is exploring the possibility of inclusion […]