UNICEF: Unregulated cryptocurrency markets pose a threat to children – Bits Media

UN Children's Fund (UNICEF) called on governments around the world to reconsider measures to protect children against the backdrop of the global introduction of cryptocurrencies.

A UNICEF report published recently states:, that the hype around the crypto industry is coming to an end 2021 overwhelmed by the year 87 countries. IN 2022 interest in digital assets will continue to grow this year. The stability of financial systems increasingly depends on this, but, respectively, children's well-being, UNICEF says.

Many unregulated cryptocurrency transactions, report authors say, indirectly or directly support child trafficking, as well as content trading, related to the sexual exploitation of minors:

“Future events will require the development of new national and international regulatory documents. Сейчас мы анализируем ситуацию, To understand, куда нас приведут новые тенденции».

Во многих странах, по мнению представителей UNICEF, government, Major banks and investment companies may begin to form alliances against blockchain-based financial systems. In some countries, vice versa, partnership between opposing sides is possible. Main, the authors of the report worry, so that market participants do not forget about the safety of children.

Massive desire to implement cryptocurrencies, UNICEF believes, growing amid economic pressure, created by the coronavirus pandemic. At the end 2019 UNICEF launched a cryptocurrency fund to receive, storage and distribution of donations in BTC and ETH.