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Study Warns Crypto Captures Foreign Aid Flows

Original: Crypto Capture of Foreign Aid

A working paper from the National Bureau of Economic Research argues that cryptocurrency is increasingly 'capturing' foreign aid, meaning a share of assistance funds is diverted through or into crypto channels rather than reaching intended recipients. The paper, titled 'Crypto Capture of Foreign Aid', is drawing attention online, with readers debating its findings on aid efficiency, oversight and the risks digital assets pose to development money.

Why now: A new NBER working paper makes a striking claim that crypto is siphoning foreign aid, prompting debate about development funding.

National Bureau of Economic Researchcryptocurrencyforeign aid

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