TheDinarian
News • Business • Investing & Finance
? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
Interested? Want to learn more about the community?
UK Government Fast-Tracks Crypto Reform with New Stablecoin Regulations šŸš†

Story Highlights:

The UK is introducing new regulations for stablecoins and staking services in 2024.

Stablecoins will be regulated under existing payment laws, while staking services will receive a new classification.

The Bank of England will oversee systemic stablecoins, and the FCA will govern the broader crypto market.

The United Kingdom is on the verge of a major crypto overhaul with the upcoming Crypto and Stablecoin Regulations 2024. Set to roll out in the next six months, these regulations are geared towards bringing clarity to stablecoins and staking services in the crypto space.

Is this a crackdown or a confidence boost for the industry? Dive in to discover what these new rules mean.

Stablecoins and Staking Services
The Crypto and Stablecoin Regulations 2024 promise to cast a regulatory net over stablecoins and staking services, bringing much-needed clarity to these aspects of the crypto world.

Staking, the process where investors lock up their tokens to support a blockchain, is on the brink of a significant reclassification. Tom Duff Gordon, Vice-President for International Policy at Coinbase, highlighted the imminent change, stating,

ā€œStaking will be reclassified to avoid being considered a collective investment.ā€

Swift Action and Clear Commitment
During an industry event hosted by Coinbase in London, Economic Secretary to the Treasury, Bim Afolami, unequivocally affirmed the government’s dedication to prompt action.

ā€œWe’re very clear that we want to get these things done as soon as possible. And I think over the next six months, those things are doable.ā€

This commitment of the Treasury is backed by the initial promise in October 2023 to provide more clarity on crypto-related matters in 2024.

Bim Afolami’s role as the Economic Secretary to the Treasury, often dubbed the ā€˜crypto tsar’ following his appointment by ex-Secretary Andrew Griffith, is proving to be more than just a title. From his proactive engagement with Coinbase in 2022 to the unveiling of new regulations within a year of his election, Afolami solidifies his position as a dynamic supporter of the crypto industry.

Market Impact

The UK government’s push for stablecoin and staking regulations is a significant step towards creating a more transparent and secure crypto environment. While stablecoins will fall under existing payment laws, staking services are in line for a new classification.

Despite the imminent changes in stablecoins and staking, broader proposals to regulate crypto exchanges and other industry providers are still in the works. Afolami couldn’t commit to a timeline, stating, ā€œThere’s just a huge amount going on, so I don’t want to commit to that now.ā€

Bank of England’s Role
In November 2023, the Bank of England revealed stablecoin regulations set to take effect in 2024. The focus is on regulating stablecoins backed by the British pound, with collaboration between the Bank of England and the Financial Conduct Authority (FCA).

The BOE will oversee systemic stablecoins, and the FCA will govern the broader crypto market, marking a collaborative approach to regulating the evolving financial landscape.

https://coinpedia.org/news/uk-govt-to-launch-crypto-and-stablecoin-regulations-in-the-next-6-months/

Interested? Want to learn more about the community?
What else you may like…
Videos
Podcasts
Posts
Articles
āš ļø Vietnam has closed 86 million bank accounts...

"Vietnam has closed 86 million bank accounts... because they refused... the digital ID."

"You had to register a digital ID with biometric data... And if you don't do it, we'll take your money, whether you like it or not."

"It's coming here. They're pushing for digital IDs."

"We had it during Covid. Oh, just get one vaccination and you'll be fine. And then they took away your permissions... and said, no, actually, you need another one. And then another one."

"The more we give away our freedom, our power, the more they'll take."

"We are on the edge of a cliff... We have to show that we are not going to allow this or accept this. Because if we all stopped going to work, or we all stopped using our cards, they'd... listen to us rather quickly."

"And that's a choice we still have at the moment. If cash disappears, that choice is gone forever."

"And I wouldn't like to think of the world where we are controlled—where we can drive, where we can fly, what food we can eat—and the bank can choose ...

00:03:23
It's All About The Bloodlines Retaining Control šŸ‘ THEY Are Targeting The Children

Chelsea Clinton has launched a new podcast aimed at ā€œdebunking misinformationā€ on health topics like vaccines and fluoride, featuring a lineup of so-called experts.

The show, That Can’t Be True!, will cover topics like childhood vaccines, fluoride, and raw milk, with Clinton and guests aiming to dismiss ā€œmisleadingā€ claims.

Clinton has previously admitted to working with the World Health Organization and the Gates Foundation on a massive childhood immunization campaign šŸ‘‰ to catch as many kids up as possible. šŸ‘©ā€šŸ‘§ā€šŸ‘§

00:02:26
Built On Stellar XLM šŸ’Ž šŸ˜‰

Blockchain adoption demands both privacy and transparency. Stellar is built for both.

@tomerweller, SDF's Chief Product Officer, shares the path to privacy on Stellar:

Dont underestimate Stellar..
This is financial advice. šŸ’Ž

00:01:01
šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? šŸ”œ

The future of Crypto x AI is about to go crazy.

šŸ‘‰ Here’s what you need to know:

šŸ’  'Based Agent' enables creation of custom AI agents
šŸ’  Users set up personalized agents in < 3 minutes
šŸ’  Equipped w/ crypto wallet and on-chain functions
šŸ’  Capable of completing trades, swaps, and staking
šŸ’  Integrates with Coinbase’s SDK, OpenAI, & Replit

šŸ‘‰ What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto šŸ‘‰txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading
The Pyth Networks Booth At Suifest šŸš€
post photo preview

🚨 RIPPLE PARTNERS WITH UC BERKELEY TO LAUNCH DIGITAL ASSETS CENTER 🚨

Ripple has partnered with the University of California, Berkeley’s College of Engineering to establish a new Center for Digital Assets (CDA), backed by $1.3 million in funding denominated in Ripple’s USD-backed stablecoin, $RLUSD. The center aims to advance pioneering research at the intersection of blockchain technology and digital twin innovations to revolutionize how physical assets are captured, valued, and exchanged in the digital realm.

šŸ”‘ Key Points:

šŸ”¹ Funding & Mission: Ripple’s $1.3 million $RLUSD donation funds collaborative research designed to develop trusted methods for defining and measuring digital asset value—spanning blockchain-based assets such as NFTs, cryptocurrencies, and tokenized real-world assets, including digital replicas of physical items (digital twins).

šŸ”¹ Partnership & Impact: The center combines UC Berkeley’s academic expertise with Ripple’s technical resources, building on a ...

Never Forget... šŸ’‰ āš•ļø 🩸 šŸ

🚨STUDY: "Millions Saved" COVID Shot Myth OBLITERATED

Peer-reviewed analysis exposes how the vaccine cartel propped up its fraudulent talking point — ā€œmillions of lives savedā€ — with computer models, false assumptions, and censorship ā¬‡ļø

Step 1 — The Modeling Scam:
ā€œMillions savedā€ came from computer models, not real data. Watson (Lancet), MeslĆ© (Eurosurveillance), and a Commonwealth Fund blog stacked assumptions, ignored natural immunity, and excluded harms. Political projections, not science.

Step 2 — The ā€˜Stop the Spread’ Lie:
Those models only worked because they assumed shots blocked infection chains. But COVID shots never prevented infection or transmission. Breakthroughs appeared within weeks, and by 2022 the boosted were driving waves. Core input = false.

Step 3 — Zero Proof of Deaths Prevented:
When transmission collapsed, the cartel claimed shots still prevented millions of deaths. Yet RCTs showed no mortality benefit (Pfizer: 15 vs. 14 deaths), observational ...

post photo preview
post photo preview
The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

šŸ™ Donations Accepted šŸ™

If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto DonationsšŸ‘‡
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

Read full Article
post photo preview
US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, ā€œThe Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.ā€

The data includes Real GDP and the PCE Price Index,Ā which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data šŸ‘‰will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

Source

šŸ™ Donations Accepted šŸ™

If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

Read full Article
post photo preview
List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain areĀ Eternl,Ā Typhon,Ā Vespr,Ā Yoroi,Ā Lace,Ā ADAlite,Ā NuFi,Ā Daedalus,Ā Gero,Ā LodeWallet,Ā Coin Wallet,Ā ADAWallet,Ā Atomic,Ā Gem Wallet,Ā TrustĀ andĀ Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention toĀ Non-CustodialĀ andĀ CompatibilityĀ fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

šŸ™ Donations Accepted šŸ™

If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

Ā 

Read full Article
See More
Available on mobile and TV devices
google store google store app store app store
google store google store app tv store app tv store amazon store amazon store roku store roku store
Powered by Locals