Monday, March 27

UNICEF calls for children to be protected amid widespread cryptocurrency adoption By Cointelegraph

©Reuters. UNICEF calls for children to be protected amid widespread adoption of cryptocurrencies

The United Nations Children’s Fund has called for safeguards for children to be built into child online protection initiatives, citing the financial and exploitation threats posed by unregulated cryptocurrency markets.

UNICEF’s “Outlook for Children in 2022” report, which examines the impact of global trends on children, forecasts increased adoption of cryptocurrencies by the population, “demonstrating both the promise of greater financial inclusion such as the need for new safeguards for children.”

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Source: UNICEF The report shows that digital currencies have gained widespread interest in 87 countries as of the end of 2021, with most jurisdictions experimenting with their own versions of a central bank digital currency. UNICEF expects a similar growth trajectory in 2022, as the report indicates:

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