UNICEF to not convert Bitcoin and Ethereum donations into fiat, big win for adoption

They aim to improve transparency and increase the number of donors.
The United Nations has recently spoken positively about blockchain and cryptocurrency adoption.

Rajarshi Mitra Independent Analyst

UNICEF recently announced that it will soon be accepting Bitcoin (BTC) and Ethereum (ETH) donations. As per a BeInCrypto report, Christina Lomazzo and her blockchain team at UNICEF will be allowing individuals to donate cryptocurrencies. This is the first time an international agency will be accepting cryptocurrencies.

Ethereum Foundation was the first organization to donate to the program with a 1 BTC and 10,000 ETH donations. The pilot program will also be a collaboration with UNICEF USA, UNICEF Australia, UNICEF New Zealand, and UNICEF France.

However, the UNICEF won’t be converting the raised funds to cash. UNICEF is likely to be interested in HODLing and spending cryptocurrencies. They aim to improve transparency and increase the number of donors. Since every donation is recorded on the blockchain, there is less chance to ‘lose’ funds and everything is visible on the public ledger.

The United Nations and its many branches are welcoming cryptocurrencies. Antonio Guterres, the UN secretary-general, had spoken on the possibility of utilizing blockchain technology in solving world issues. Their main aim is to provide ultra-accessible financial services and digital networks by 2030.

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

Bittensor extends recovery despite retail demand slump

Bittensor, a leading Artificial Intelligence token, is aging up above $190 at the time of writing on Wednesday. Steady price increases characterise the broader crypto market, with Bitcoin holding above $71,000 and Ethereum above $2,000.

XRP rises as ETF inflows persist, but low retail demand may limit recovery

Ripple is gaining upside momentum, trading above $1.40 at the time of writing on Wednesday. The remittance token is rising in tandem with major crypto assets, including Bitcoin, which has crossed above the pivotal $70,000 level, and Ethereum, which is holding above $2,000.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid mixed ETF flows

The cryptocurrency market is showing subtle recovery signs despite heightened global uncertainty following the United States (US) and Israel attacks on Iran and the subsequent retaliations that have morphed into a wider Middle East war.

Renewed ETF inflows send BTC above $71,000, offsetting war uncertainty

Bitcoin price rises by 5%, near the upper boundary of the recent consolidation range. US-listed spot ETFs recorded an inflow of $225 million on Tuesday, marking the second consecutive day of positive flows this week.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.