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Date: February 16th 2023
Published on: Press Room
Crypto AML, Cryptocurrency, UNICEF Luxembourg,
Luxembourg – 17.02.2023
Scorechain S.A. donates UNICEF Luxembourg a license for its blockchain analytics suite to monitor and verify its crypto donations.
Scorechain’s donation offers access to the full suite of features and blockchains included in Scorechain Analytics, and to the Investigation Tool, for a total value of 30,000 EUR. Using these tools, UNICEF Luxembourg can ensure the crypto donations received are reliable by verifying the origin of the funds and applying AML checks.
For UNICEF Luxembourg, accepting donations in multiple forms, including crypto assets, allows them to raise even more funds to help children and protect their rights worldwide.
Founded in 1979, the Luxembourg-based NGO focuses on improving children’s welfare and on raising funds for UNICEF’s projects and programs around the globe. UNICEF works in over 190 countries and territories to save children’s lives, defend their rights, and help them fulfill their potential from early childhood through adolescence.
Pierre Gérard, Scorechain’s CEO, says: “We are delighted to support UNICEF Luxembourg in raising more funds for their projects by helping them to accept crypto assets as donations in a compliant way.”
Sandra Visscher, Executive Director at UNICEF Luxembourg, adds:
“As the world is becoming more connected and digital, a trend accelerated by the COVID-19 pandemic, UNICEF has been exploring the opportunities of digital currencies to see how they can positively impact our work to improve the lives of children around the world. Scorechain’s continued support is invaluable to ensure this happens at the highest level of transparency.”
Scorechain S.A. is a Luxembourgish company that has been providing leading blockchain analytics and crypto transaction monitoring tools since 2015. The solution allows users to assess the level of risk of crypto activities, detect fraud and prevent money laundering in compliance with anti-money laundering (AML) regulations. The company has helped over 200 customers in 45 countries since 2015, ranging from cryptocurrency businesses to financial institutions with crypto trading, custody branch, digital assets, customers onboarding, audit and law firms, and law enforcement agencies.
For 75 years, the United Nations Children’s Fund (UNICEF) has been working tirelessly in 190 countries and territories for child rights and for the well-being of every child. Whoever they are. Wherever they live. To help them realize their potential. And we never give up.
UNICEF Luxembourg, founded in 1979, raises public awareness of the situation of children and raises funds for UNICEF projects and programs worldwide.
Depending entirely on voluntary contributions, our work is only possible thanks to our donors, our global network of partners, and our teams around the world.
Paul Heber, UNICEF Luxembourg Head of Communication, firstname.lastname@example.org