An Authorization Protocol is a set of rules that determines how users can access and interact with a blockchain or decentralized network. It ensures that only those with the correct permissions can perform specific actions, such as making transactions or accessing sensitive information.These protocols often use mechanisms like digital signatures and cryptographic keys to verify the identity of users. When a user wants to execute a transaction, the protocol checks their credentials to confirm whether they have the right to proceed. By defining roles and permissions, Authorization Protocols help maintain security and prevent unauthorized access. They are essential for protecting both user assets and the integrity of the network.
UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the