Unicef Receives $2.5 Million in Crypto

for Ukraine From Binance

Charity Foundation

The Binance Charity Foundation has announced a donation of $2.5 million in cryptocurrency for the United Nations Children’s Fund (Unicef). The money will be used to finance the organization’s efforts in Ukraine amid escalating hostilities with Russia that threaten a growing number of children and their parents

“Humanitarian needs are increasing by the hour,” Unicef said in a statement. “Many children are profoundly traumatized by the violence all around them. Hundreds of thousands of people are on the move, and family members have been separated from their loved ones,” the organization added

Unicef noted that the crypto donation comes at a moment when the fund needs to scale up its activities in Ukraine and neighboring countries accepting refugees. The goal is to reach every child in need of protection and Ukraine has around 7.5 million children

The organization is currently focusing on ensuring access to safe water and healthcare, including in areas close to the line of conflict. The Children’s Fund is working with local authorities to provide immediate help to families in need as well as child protection services and psychosocial care

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