Retail investors may soon be able to buy crypto ETNs, as the country’s top financial regulator weighs investor protections with innovation. UK regulators are taking steps to boost growth in the country’s crypto industry. On Friday, June 6, the UK’s Financial Conduct Authority proposed lifting a ban on crypto exchange-traded notes for retail customers. However, … Read more
The Trump family-adjacent decentralized finance (DeFi) project World Liberty Financial (WLFI) has proposed a stablecoin airdrop. Last month, the DeFi project announced plans to launch a new stablecoin called USD1, which it says is pegged to the US dollar and backed by short-term government treasuries, dollar deposits and cash equivalents. Now, World Liberty wants to … Read more
Vietnam’s Prime Minister, Pham Minh Chinh, has initiated a push to position Vietnam as a key player in the crypto market, particularly in Southeast Asia. The Vietnam leader is proposing a legal framework for digital assets, which is expected to be implemented this month. The goal is to regulate ownership, trading, and use of crypto, … Read more
What Is the Idea? The concept is to place government spending and administrative processes on a blockchain network. This system would allow transparent tracking of government expenditures. Every transaction would be recorded on a tamper-proof ledger, visible to auditors, regulators, and the public. Key Benefits: Transparency: Every transaction can be viewed in real-time. Reduced Corruption: … Read more