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Safe-haven rush: Gold ETFs see 191% surge YoY
thehansindia62d ago

Safe-haven rush: Gold ETFs see 191% surge YoY

New Delhi: Physical gold may have taken the lead, but the precious metal has also surged in the digital space, with gold exchange-traded funds (ETFs) emerging as a favourite among both retail and...

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South Korea’s Digital Asset Bill: Groundbreaking Legislation Awaits Post-Election Debate
bitcoinworld62d ago

South Korea’s Digital Asset Bill: Groundbreaking Legislation Awaits Post-Election Debate

BitcoinWorld South Korea’s Digital Asset Bill: Groundbreaking Legislation Awaits Post-Election Debate SEOUL, South Korea – May 2025: South Korea’s ruling Democratic Party will initiate comprehensive discussions about legislating a basic act on digital assets following the June 3 local elections, according to recent reports from ZDNet Korea. This development marks a significant step toward establishing formal cryptocurrency regulations in one of Asia’s most active digital asset [...] This post South Korea’s Digital Asset Bill: Groundbreaking Legislation Awaits Post-Election Debate first appeared on BitcoinWorld .

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Trump Family-Backed World Liberty Financial's New Token Unlock Proposal Dubbed 'Tyranny' By Crypto Billionaire Justin Sun
benzinga62d ago

Trump Family-Backed World Liberty Financial's New Token Unlock Proposal Dubbed 'Tyranny' By Crypto Billionaire Justin Sun

Tron (CRYPTO: TRX) founder Justin Sun criticized a new governance proposal by Trump family-backed World Liberty Financial (WLFI) on Wednesday, deeming it a “power consolidation and property expropriation operation.” Details Of Proposal The proposal’s terms include a 2-year cliff and a 3-year linear vest for all 45.24 billion WLFI tokens held by advisors, institutions, partners, founders and team members. This means that tokens will begin to unlock in year 2 and will be fully distributed by year 5. Upon passage, 10% of this allocation, up to 4.52 billion, will be burned and permanently removed from the token supply. Early supporters, meanwhile, will have a shorter vesting schedule, with their 17.04 billion WLFI moving to a 2-year cliff followed by a 2-year linear vest. No tokens will be burned under this schedule. “Holders who do not affirmatively accept this new vesting schedule will continue to have their tokens locked indefinitely,” the proposal read. WLFI said that the proposal aims to establish a “structured vesting framework” and ensure the “ecosystem’s commitment to long-term governance and market supply.” Full story available on Benzinga.com

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