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Crypto Classification Seeks to Make Industry More Welcoming to TradFi Participants

The Global Crypto Classification Standard, for example, categorizes assets on three levels. The first deals with networks and protocols, be they cryptocurrencies (Bitcoin, Monero, etc), smart contract platforms (for example, Ethereum, Solana), decentralized apps (such as Aave, Uniswap) and so on. The second groups assets by industry and sector, including

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Ugandan central bank u-turns on crypto welcoming firms to regulatory sandbox

The Bank of Uganda is open to the idea of cryptocurrency businesses participating in its Regulatory Sandbox, inviting members of the Blockchain Association of Uganda (BAU) to share their knowledge with the central bank.A letter from the bank dated June 1 to the chairperson of the BAU, Kwame Rungunda, referred

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