“This is the first milestone of a long journey for making cryptocurrency accessible to the masses,” BuyUcoin CEO and co-founder Shivam Thakral said. “The draft of the sandbox is driven by input from crypto experts and industry insiders. This will not only help the government to make laws, but will also guide startups and budding entrepreneurs to enter this blooming industry.”
Under the new rules, a fintech company that obtains a license to operate in one EU nation will be able to provide services in the trading bloc’s 26 other member states automatically.
A new initiative allows investors to pay $13 to have a tree planted. A photo of the tree is then uploaded to the Telos blockchain, along with its GPS coordinates. To sweeten the deal, the investor will receive crypto-based rewards as the tree grows and captures carbon—creating a financial incentive for clamping down on climate change.
For the second consecutive year, the study “found that awareness of Bitcoin increased with financial literacy, but the likelihood of ownership declined as the level of financial literacy increased.”
