MilkyWay (MILK) offers liquid staking and restaking for modular chains, letting users earn triple yields while supporting AVS services like oracles and bridges.

Modular blockchain architectures are growing more popular in the industry as an alternative to monolithic designs. For instance, chains like 

 (TIA) eloquently separate their consensus layers from other infrastructural components for more flexible and accessible validation services. At the same time, validator ecosystems on Celestia and similar modular networks can benefit immensely from attracting additional staking funds to provide more reliable services.

MilkyWay (MILK) is a decentralized protocol that aims to do just that — provide 

 services in order to support modular blockchains, as well as various Actively Validated Services (AVS). Having started as one of the first liquid staking providers for the Celestia blockchain back in December 2023, MilkyWay added the restaking functionality to its service line in late 2024. As of May 2025, it’s emerged as one of the few 

 (DeFi) protocols to support both liquid staking and restaking, allowing you to earn yields on the same funds from up to three sources — native staking on the original chain, liquid staking, and restaking that supports a variety of bridges, oracles, rollups and other AVS-based platforms.

MilkyWay currently provides liquid staking services for three blockchains — Celestia, Initia (INIT) and Babylon (BABY). The platform’s restaking service is also flexible, allowing you to choose between three different modes — platform-managed, operator-specific or AVS-specific.

 (MILK) is a decentralized platform that offers liquid staking and restaking services, focusing on three Cosmos-based blockchains: Celestia, Initia and Babylon. 

It’s one of the rare platforms that supports both liquid staking and restaking, allowing you to utilize your crypto funds to derive income simultaneously from up to three sources — native staking, liquid staking and restaking to support AVS.

Similar to the networks it supports, MilkyWay was built using the Cosmos SDK and is part of the wider 

 ecosystem. It positions itself as a Layer 1 chain, though some critical functions on the protocol — for example, Celestia liquid staking — are carried out by leveraging 

MilkyWay’s inception dates back to December 2023, when it was launched to support liquid staking on the Celestia chain. In late 2024, the platform added support for restaking, emerging as probably the leading solution within the Cosmos ecosystem supporting both of these yield-generating activities.

MilkyWay aims to provide support to modular blockchains, and all three chains it focuses on are based on architectural modularity. Celestia’s network offers outsourced data availability (DA) and 

 (INIT) specializes in the integration between 

 technologies to help address the problem of multi-chain fragmentation. These two networks operate essentially as infrastructure providers. In turn, 

 focuses on DeFi — specifically, supporting 

 (BTC) staking. It operates as a modular plug-in solution to enable Bitcoin funds to secure various 

In order to support cross-chain communications and the transfer of liquid staking and restaking assets across different native environments, MilkyWay has implemented support for two bridging solutions: Hyperlane and IBC Eureka.

The MilkyWay liquid staking protocol allows stakers of Celestia’s TIA, Initia’s INIT and Babylon’s BABY tokens to reuse their funds for additional yield throughout the DeFi ecosystem. For Celestia liquid staking, when you deposit your TIA funds on MilkyWay, you’re issued a liquid representation of your staked position in the form of the milkTIA 

, which can then be used on DeFi protocols for lending, borrowing, collateral and more.

When you stake TIA via MilkyWay, your funds are delegated to established validators on the Celestia network. In the future, this delegation process will be governed by the MilkyWay 

 (DAO). Your staked TIA is first transferred from Celestia to the Osmosis chain, where MilkyWay maintains smart contracts governing the process. The smart contracts are used to calculate the proper amount of milkTIA, which is then minted and sent to your Osmosis wallet.

The original TIA funds are then sent from Osmosis to the Celestia chain. These transfers are executed using the IBC bridge, a major bridging protocol within the Cosmos ecosystem. A MilkyWay coordinator node is then responsible for allocating the TIA to validators used by the platform. As your staked tokens accumulate rewards on Celestia, you’re free to use your milkTIA on other platforms for additional yield.

Similar processes, though with some technical differences, are used for INIT and BABY liquid staking. For INIT, when you deposit your funds on MilkyWay, they’re sent from the Initia Layer 1 chain to an Initia-linked Layer 2, where the protocol maintains another set of smart contracts. These smart contracts calculate the requisite amount of milkINIT (the liquid staking representation of the original INIT) and send it to your wallet, at which point you’re free to use your milkINIT LST in DeFi protocols. The original INIT is transferred back to the Initia mainnet and allocated to select validators to earn staking rewards.

BABY liquid staking works quite similarly — your BABY staked assets will be allocated to MilkyWay’s validators on the Babylon chain to earn native staking rewards, and you’ll also be issued 

 as an LST to use for additional yield on DeFi solutions.

MilkyWay’s restaking service allows you to further reuse your staked funds to secure a variety of decentralized platforms and services. Major blockchain networks typically have no shortage of validators to secure their consensus layers. However, there are additional services and applications that service the blockchain networks, but experience a lack of necessary validator ecosystems of their own. These may include blockchain price 

 or rollup sequencers — services collectively known as AVS.

To help provide network security and support the operations of these AVS-based solutions, MilkyWay offers you the ability to use your original staked funds for restaking. The key difference between liquid staking and restaking is that the former only lets you reuse your staked funds on DeFi protocols, while the latter is designed for supporting validation mechanisms of various AVS solutions.

In essence, restaking provides a third way to utilize your original crypto funds by securing AVS via liquid restaking tokens (LRTs).

To get issued a liquid restaking token on MilkyWay, you can deposit Layer 1 native tokens — TIA, INIT and BABY — or LSTs — milkTIA, milkINIT and milkBABY. Additionally, MilkyWay also accepts the 

After depositing an accepted crypto token, you’ll be issued your LRT and can choose from various AVS services on which to restake. MilkyWay offers three options for restakers: 

The operator and service restaking modes are optimal for experienced stakers and restakers, who can objectively evaluate the reward potential of each validator or AVS they pick.

Developers, validators and AVS operators also benefit from MilkyWay's services. An infrastructure provider — such as an institutional validator node or AVS operator — may partner with the platform to have MilkyWay user funds directed to them for staking or restaking. This can serve as a significant income stream for these individuals or entities.

As of May 2025, the MilkyWay network uses the services of 11 validator nodes. MilkyWay validators enjoy numerous benefits, the most obvious one being the ability to attract staking funds from users. They may also participate in restaking by reusing their stakes to secure the various AVS available through the platform.

MilkyWay's cross-chain communications are supported by two key bridging solutions: IBC Eureka and Hyperlane. These platforms allow users to transfer tokens across different blockchain environments in order to access a variety of DeFi protocols, networks and AVS.

MilkyWay’s programmable rules are logic conditions that control how, where and under what conditions restaked assets are used (e.g., only restake to certain services or limit the slashing risk). There are two types of rules: 

A key difference between MilkyWay and other restaking providers is its hybrid opt-in model that allows you to choose exactly how your restaked funds are used — through a pooled allocation by the platform itself, or by your delegation to a specific operator or service. In contrast, many other restaking platforms simply handle your funds on your behalf, giving you only limited control over the selection of the restaking target.

MilkyWay also protects your overall funds by allowing you to apportion your restaked funds over multiple operators or AVS. In this way, if one operator or AVS fails or gets slashed, your total investment isn’t entirely impacted.

What is the MilkyWay crypto token (MILK)?

MilkyWay’s native token, MILK, is used for governance, gas fee payments, transaction processing and the provision of on-chain liquidity. Although MilkyWay was launched in 2023, MILK wasn’t launched until late April 2025. With a total supply of 1 billion, the MILK token’s supply allocation shares are per the chart below:

The MilkyWay project has announced an airdrop campaign, the Massdrop, the first phase of which began along with MILK's token generation event (TGE) on Apr 29, 2025. During phase 1 of the airdrop, you can 

 until May 29, 2025, or through participating crypto exchanges.

Where to buy the MilkyWay crypto token (MILK)

You can buy the MILK token on Bybit's Spot market as a swap pair with USDT (

MilkyWay has challenged traditional staking models by offering an extremely versatile set of liquid staking and restaking services. With MilkyWay, savvy DeFi users can simultaneously earn yield on the same funds from up to three sources. In addition to featuring an unparalleled variety of avenues for yield, MilkyWay lets you do the noble thing — provide support to various modular blockchains and AVS operations with your crypto staking and restaking.

Intermediate

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MilkyWay (MILK): Liquid staking and restaking for the modular era

The US is shifting toward lighter, innovation-friendly crypto regulation, with moves like the FIT21 Act, a repeal of SAB 121 and a more lenient SEC approach.

, but the rules governing it remain a tangled web of state laws, federal agency guidelines and developing court rulings. With the US moving toward clearer policies, crypto investors and innovators are left navigating a fragmented regulatory space. This article discusses current US crypto regulations, explores major regulatory challenges and the country’s stance on crypto, and examines the relevance of current US rules to traders and the larger industry.

Crypto regulations are legal frameworks set by governments to manage the creation, trading, taxation and use of digital assets. These regulations aim to protect consumers, prevent illegal activities and maintain market integrity.

The US regulatory stance on cryptocurrency in 2025 is moving toward greater clarity and support for innovation, though a unified federal framework is still in the works. 

, passed by the House of Representatives in 2024, aims to establish comprehensive rules for digital assets but has yet to be fully implemented. Signaling a more crypto-friendly direction, the Trump administration issued an 

 in January 2025 to create the President’s Working Group on Digital Asset Markets, with the goal of “providing regulatory clarity and certainty.” Chaired by David Sacks, the group is tasked with reviewing current laws and recommending reforms to encourage responsible innovation.

Federal agencies are gradually shifting their approach. The Securities and Exchange Commission (SEC), traditionally strict with crypto enforcement, has formed a dedicated 

. This group is working to simplify registration processes, outline disclosure expectations and provide clarity as to which tokens qualify as securities. Notably, the SEC has softened its stance on certain categories of cryptocurrencies, such as 

, indicating they may no longer be treated as securities.

Banking regulators have also relaxed their oversight. The Federal Reserve 

 prior guidance requiring banks to notify regulators before engaging in crypto-related activities, opting instead for standard supervisory oversight. Likewise, the Federal Deposit Insurance Corporation (FDIC) has 

 that banks can participate in permissible crypto activities without prior approval as long as they manage risks appropriately.

State-level regulations, however, remain highly fragmented. 

 with crypto-friendly policies, offering clear licensing and legal protections that attract 

 businesses. In contrast, some states still maintain stricter or underdeveloped frameworks, resulting in a regulatory patchwork that complicates compliance for companies operating across state lines.

In other developments, the federal government has launched the 

, an unprecedented move that integrates digital assets into national infrastructure planning. While this initiative signals strong institutional interest, it also introduces new compliance challenges for both government agencies and market participants.

What regulatory issues exist for cryptocurrency?

Cryptocurrency regulation in the US in 2025 continues to grapple with several persistent challenges, despite efforts to establish clearer frameworks. 

Why this matters for crypto traders and the industry

As crypto matures from the fringes of finance into the mainstream, clear rules and oversight are needed to protect individuals and to nurture a stable, trustworthy ecosystem that benefits everyone involved.

The US is transitioning toward a pro-innovation crypto regime, with emphasis on deregulation, legislative clarity and strategic asset management. Its nascent administration has signaled a significant departure from the previous enforcement-heavy approach, prioritizing regulatory clarity and industry growth. Key actions include the January 2025 executive order establishing an interagency task force to review and potentially rescind restrictive regulations, alongside the SEC’s dismissal of high-profile cases against Coinbase, Robinhood Crypto and OpenSea. 

Meanwhile, the SEC’s Crypto Task Force, led by Hester M. Peirce, aims to streamline registration paths for tokens and clarify jurisdictional boundaries, particularly for meme coins, which the SEC no longer classifies as securities. In addition, the 

 removes barriers for banks offering crypto custody services, thus encouraging institutional participation.

Bipartisan efforts are gaining momentum in the push to formalize crypto oversight, with stablecoin regulation leading the charge. Key proposals like the 

 are pushing for requirements such as 1:1 reserves, regular audits and greater transparency from issuers, bringing stablecoins more in line with traditional financial standards. 

 and SEC are working out jurisdictional boundaries, and Congress is expected to pass market structure legislation that will determine whether crypto assets are classified as securities or commodities. These moves are designed to reduce the regulatory landscape’s current fragmentation, as stablecoins now face a patchwork of state-level regulations that drive up compliance costs.

The US federal government is moving toward a clearer and more innovative crypto regulatory regime, making efforts to streamline oversight, push institutional adoption and integrate digital assets into economic strategy. However, until federal policies fully align and state differences are reconciled, the regulatory environment for crypto in the US remains complex and dynamic. Traders and industry players need to understand this complex but maturing environment in order to navigate risks and grab emerging opportunities.

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Crypto regulations in the US: Navigating a complex landscape

Reports following Ether's landmark surge on May 7, 2025 largely attribute this rally to the completion of the Pectra upgrade.

Ether has recently regained its status as the crypto golden boy, leading a rally since May 7, 2025 that’s outpaced both Bitcoin and most altcoins. This unusual performance has prompted market observers to speculate on the reasons behind it, and whether this impressive trend will continue.

The ETH/BTC ratio has been declining since January 2024, when the SEC 

In Q1 2025, disappointment in Ether's performance reached its peak, driven by market drawdowns and concerns about Ethereum Foundation leadership, leading to a significant exit of investors from the world’s second-largest cryptocurrency. However, on May 7, 2025, the market narrative changed abruptly as Ether surged over 20% in just one day.

Reports following Ether's landmark surge on May 7, 2025 largely attribute this rally to the completion of the 

 upgrade. While the timing of the upgrade coincides perfectly with Ether's rebound, however, this view doesn't capture the full story.

Historically, the ETH/BTC ratio began to rebound two months before the official completion of 

. Similarly, the Pectra upgrade had been anticipated for some time. Despite its smooth execution, the market had low expectations regarding challenges in Q1 2025.

Moreover, Ether's resurgence coincided with BTC surpassing $100,000, as broader risk assets rallied due to positive developments in US tariff negotiations with the UK and China.

In summary, the overall asset rally triggered Ether's rise, while the Pectra upgrade enhanced its performance against Bitcoin. Additionally, Ether's strong outperformance over other altcoins likely resulted from significant short liquidations.

In the days following Ether's record rally, ETH experienced over $500 million in short liquidations. This phenomenon significantly contributed to the unusual surge of more than 20% in a single day for a leading token such as Ether.

The most common criticism of Ethereum is that it loses revenue to 

 (DEXs) for Ether has consistently declined, partly due to competition from other 

 blockchains such as Solana, as well as Ethereum's own L2 networks. Since most L2 solutions have their own utility tokens, the activities conducted on these platforms don’t directly generate fees for L1, since they bundle transactions and post them to the Ethereum Mainnet.

This dilemma doesn’t appear to have a quick fix. In the medium term, Ethereum’s key value proposition may need to shift from that of a profit-generating blockchain with a 

 asset to one that functions as a financial instrument that’s akin to a bond.

Ethereum’s staking feature has yet to face direct competition, and the amount staked within the ecosystem continues to grow. As of Q1 2025, approximately 34 million ETH are staked, yielding an annual return of 2.9%.

Ongoing developments in Hong Kong and Canada may allow ETH Spot ETFs to incorporate staking features. Notably, the Pectra upgrade increases the staking limit for each node from 32 ETH to 2048 ETH, which could incentivize ETF issuers to operate their own nodes in the future. Adding staking rewards to ETH Spot ETFs could enhance their attractiveness, especially as the Fed eventually returns interest rates to more typical levels.

With a 2.9% return on Ether staking, Ether is increasingly positioned as a bond-like investment.

Ethereum’s leadership change and future outlook

Vitalik Buterin’s recent proposals for Ethereum

Ethereum co-founder Vitalik Buterin recently 

 his vision for simplifying Ethereum's Layer 1 in a post titled 

, emphasizing that scalability alone is insufficient: Ethereum must also be understandable, maintainable and secure in order to reliably serve as a platform for civilization’s assets. Buterin proposes a significant reduction in complexity, aiming for an Ethereum that will be as simple (within five years) as Bitcoin is now. He believes that a simpler protocol will enhance security, attract more developers and facilitate easier upgrades.

To achieve this, Buterin introduces a beam chain proposal that aims to streamline consensus by reducing technical complexity, eliminating epochs and sync committees, simplifying fork choice rules and enhancing the validator lifecycle for easier onboarding and recovery. He advocates replacing the current Ethereum virtual machine (EVM) with RISC-V, a more efficient, general-purpose virtual machine. This transition promises a clearer specification that will reduce bugs and maintenance challenges; more flexibility for developers to use various programming languages; and the potential to increase throughput by 100 times.

To address existing applications, Buterin suggests a phased transition that introduces RISC-V precompiles and allows dual deployment options during the shift, gradually moving legacy features out of the core protocol to keep it lean. He also calls for standardizing tools within the network to reduce redundancy and complexity, proposing a unified encoding system, shared data splitting methods and a simpler state structure. Ultimately, Buterin believes that regaining simplicity is essential in order for Ethereum to maintain its flexibility and durability as it scales.

With a new road map for Ethereum and proposed leadership 

 to the Ethereum Foundation to make the Ethereum guardian more accessible, we believe Ethereum has more upside coming.

Advanced

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Bybit Crypto Insights Report: Is Ether regaining favor? How far will it go?

Unichain, Uniswap’s L2 network, now handles over 76% of Uniswap v4 volume, driven by UNI incentives and its new Rollup-Boost feature. 

The S&P 500 jumped 3.26% as US-China tariff easing lifted market sentiment. Investors now await CPI and retail data for signs of inflation trends under the new trade regime. Gold fell near $3,208 as easing US-China trade tensions reduced safe-haven demand. With CPI data ahead, further downside is likely. Technicals suggest bearish momentum, with key support at $3,202. The Coindesk Indices, which tracks the broader crypto market, fell 1.97%, with Bitcoin and Ether down 2.53% and 0.95%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is RUNE, which surged by 4.4% following the completion of Halborn's security audit for Rujira Network's omnichain DeFi layer on THORChain.

THORChain (RUNE), created in 2018, is a decentralized protocol enabling native asset swaps across blockchains without wrapping. Built on Cosmos SDK and Tendermint, it uses Proof-of-Stake and Byzantine Fault Tolerance for secure cross-chain transactions. Halborn has 

 a smart contract security audit for Rujira Network, which is building an omnichain DeFi app layer on THORChain. Rujira enables seamless access to DeFi apps using native assets across connected chains.

Check out the latest prices, charts, and data of 

Unichain, Uniswap’s L2 network, now handles over 76% of Uniswap v4 volume, driven by UNI incentives and its new Rollup-Boost feature. This upgrade enhances MEV handling, cuts failed transaction gas costs, and sets the stage for Flashblocks—an upcoming 200ms block time system. Despite v4’s growth, Uniswap v3 still leads in total volume. The aim of Unichain is to solve Ethereum mainnet and L2 liquidity fragmentation while improving speed and decentralization.

Yesterday, BTC spot ETFs saw total outflows of $64.2 million, with $32.9 million from GBTC and $31.3 million from all other ETFs combined.

Multipli’s Season 1 has ended with 359.2M ORBs distributed (50% of supply). 

, allocating 30% of ORBs. Users can continue earning by keeping funds on mainnet or testnet—no action required. New users can join via testnet (free) or deposit stablecoins on BSC/Ethereum.

Beginner

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Unichain leads Uniswap v4 activity with rollup-boost upgrade and upcoming flashblocks feature

Bybit Learn

Live ICYMI

In our latest Learn 101 livestream session, crypto experts shared insights on Trump’s move to create a US crypto strategic reserve.

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Recently, the US government announced the establishment of a 

. While some believe this is a turning point in Bitcoin history, others believe this move will only benefit big crypto holders.

Crypto goes national — new gold rush or regulatory experiment?

 provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Mar 20, 2025, were two distinguished guests: DustyBC, Crypto KOL, and Shunyet Jan, Head of Derivatives Business and Institutional Sales at Bybit. Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores 

Crypto Goes National — New Gold Rush or Regulatory Experiment?

US crypto reserve — a bullish catalyst, or just talk?

Investor and content creator DustyBC points out that the volatility of the crypto market exposes all taxpayers to a certain degree of risk. In his view, it may be wiser for the government to hold crypto in its reserves, rather than actively trade it. For individual investors, the key decision lies in whether to take profits now or continue holding — as each path carries its own set of risks.

Following the announcement of the planned crypto reserve, there was an initial market rally, but the excitement quickly tapered off. According to Shunyet Jan, the overall market response was underwhelming, partly because the reserve would be built using seized assets. He notes that this reserve is unlike traditional reserves, such as for oil or food. While Bitcoin might resemble a digital version of a gold reserve, Jan believes its price is more closely tied to the tech sector than to gold. Still, Bitcoin tends to be more stable than most other cryptocurrencies.

DustyBC emphasizes that one of the main risks of a Bitcoin reserve is its price volatility, which could affect public trust. A sharp price drop, for instance, could undermine confidence. However, Jan adds that while some governments have previously banned gold ownership, such restrictions aren’t possible with Bitcoin, due to its decentralized nature.

Jan also believes that nations with more crypto-friendly regulations are more likely to adopt Bitcoin earlier on a national scale. That said, he doesn't think it’s necessary to use Bitcoin in a formal national reserve, since crypto can easily be converted into fiat when needed.

DustyBC points out recent developments in Pakistan, which is becoming more crypto-friendly. He notes that while countries generally don’t want to be the first or last to adopt crypto, it may not matter much in the long run — as long as people can spend and convert it freely, national adoption becomes less critical.

BTC, ETH, SOL, XRP & ADA – the ‘chosen ones,’ or just a coincidence?

The conversation around a crypto reserve isn’t limited to Bitcoin. Other major cryptocurrencies, such as 

 are also part of the discussion. According to DustyBC, the selection process for these assets happened behind closed doors, making it unclear whether there were any incentives or political motivations behind the choices. He speculates that past lawsuits or ongoing regulatory negotiations may have influenced the decision-making.

Jan highlights that Bitcoin is already widely being used as collateral in both crypto-native and traditional financial systems. He points to 

 as a clear example, describing them as an old-school real-world asset (

) structure now applied to crypto. He also notes that many users on Bybit already post BTC as collateral when trading. Thanks to solutions such as 

 (WBTC), even traditional finance platforms can accept BTC as collateral — further embedding it into established financial infrastructure. 

In Jan’s view, Bitcoin isn’t just aspiring to become part of the mainstream — it’s already there, functioning like 

 and fitting seamlessly into familiar financial tools.

As for why altcoins weren’t included in the initial strategic reserve announcement, DustyBC believes this was a prudent decision — governments likely need more time to understand the inner workings and use cases of each altcoin. Still, he expects altcoins will eventually be incorporated into any such reserve. One practical reason Bitcoin was chosen first, he adds, is that the government already holds a significant amount of it from previous seizures, whereas acquiring altcoins would require fiat conversions.

DustyBC supports the government's current selection of cryptocurrencies for the reserve, acknowledging that each asset chosen brings unique benefits. However, he also cautions that adding more cryptocurrencies introduces additional risk. Importantly, he emphasizes that the US won’t be the only player in this space. Other countries may opt to build their reserves with different cryptocurrencies, which could influence global market dynamics in significant ways.

The crypto reserve playbook — how should you trade this news?

Although the market didn’t react as strongly as expected to the announcement of a US crypto strategic reserve, Shunyet Jan believes the news is still highly significant, and, moving forward, should be on every investor’s radar. One way to 

 while staying engaged in the market, he suggests, is through the use of 

DustyBC expects further instability before Bitcoin’s price begins to settle. He’s uncertain whether the traditional four-year cycle will hold in light of this new development, which could signal a gradual shift toward less volatility over time.

While Jan doesn’t foresee a major market rally from the news of the reserve alone, he does anticipate increased institutional participation. Since institutions typically trade less frequently than retail investors, this shift could lead to a more stable market, with reduced price swings.

DustyBC emphasizes that there are no guarantees in crypto. Still, he believes the US-based cryptocurrencies mentioned in the reserve announcement are likely to receive more attention going forward. Additionally, other US-origin cryptos not named may also gain traction as the conversation around regulation and adoption evolves.

Jan remains confident in crypto's long-term potential, but doesn’t claim to know which asset will ultimately lead the charge. His personal strategy involves holding US-based 

 for the long term while actively trading others. He emphasizes that every investor is different, and should make decisions based on 

This Learn 101 livestream session sheds light on a pivotal moment for the crypto industry, when digital assets are no longer just speculative tools, but are entering the realm of national strategy. Whether the planned US crypto reserve becomes a new form of digital gold or remains a bold regulatory experiment, one thing is clear: the game is changing. As governments, institutions and traders navigate this evolving landscape, staying informed and adaptable will be key to making the most of the opportunities — and challenges — ahead.

Learn Live ICYMI: Crypto goes national — new gold rush, or regulatory experiment?

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