The use of cryptocurrencies allows child aid organizations to quickly circumvent the cost of shipping cash abroad and increase financial transparency.
Click here to learn more about the story of Silk Road's fall and the role Bitcoin played in it!
Bitcoin is up 5%, while the Chinese yuan (CNY) has plunged to unexpected lows against the dollar which we haven't seen in the past 11 years.
Facebook's cryptocurrency, Libra, has received a lot of attention since its announcement, both by the financial and crypto community. According to the company's announcements so far, the Libra blockchain network will be launched in June 2020 with the support of a dedicated organization, the Libra Association.