2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following United Nations’ agencies recently became the first to make transactions in crypto currency?
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UNESCO
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UNICEF
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UNEP
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UNHCR
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Explanation:
Detailed explanation-1: -UN Children’s agency becomes first UN Organization to hold and make transactions in cryptocurrency.
Detailed explanation-2: -Detailed Solution. The correct answer is UNICEF. UNICEF was the first UN organization to start accepting cryptocurrency donations. UNICEF is now able to receive, hold and disburse donations of cryptocurrencies ether and bitcoin, through its newly-established UNICEF Cryptocurrency Fund.
Detailed explanation-3: -The CryptoFund is a pooled fund of bitcoin and ether. It is a part of UNICEF’s Innovation Fund, with the distinction that investments made through the CryptoFund are denominated in crypto.
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