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United Nations Agency Unicef Launches Cryptocurrency Fund


Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide....

Liechtenstein Adopts Token Act to Attract Crypto Business


One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely...

UN Wants the Private Sector to Lead Shift to Renewables from Fossil Fuels


As everyone knows, experts and scientists believe that climate change is one of the biggest environmental threats that are facing the world at this point. Hence, there is a genuine thrust towards using more cleaner and renewable sources of energy as opposed to fossil fuels among policymakers across...

Connecting Cash to the Internet Using Stablecoins


Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across...

Crypto Banking Expands With Positive Interest Rates and New Services


Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks...

Bitcoin Bank Accounts Launched by Bitwala in 31 European Nations


Bitwala, a blockchain company based in Germany, has unveiled a new application which will enable European residents to easily open a German bank account through their smartphones. Interestingly, this bank account will have an integrated Bitcoin (BTC) wallet. The roll-out was officially announced...

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits


Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...

UN Investigating 35 North Korean Cyberattack Instances in 17 Nations


The United Nations experts have said that they are probing a minimum of 35 cyberattack incidents in as many as 17 nations carried out by North Koreans. As per The Associated Press reports, North Koreans are using cyberattacks for raising money illegally for the nuclear program. Moreover, they...

Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto


When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. In the West, relatively affluent citizens are having their banking services...

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