In cryptocurrency, an avatar refers to a digital representation of an individual or entity within virtual environments, often linked to social interactions, gaming, or virtual worlds. Avatars can take various forms, including graphics, icons, or even animated characters, allowing users to express their identity online.In many platforms, avatars serve as a way for users to engage with each other, share experiences, and participate in activities. They can be customized with unique features, such as clothing, accessories, or attributes, enabling users to showcase their personality. Additionally, some projects enable users to create or own avatar assets as non-fungible tokens (NFTs). This can give avatars value, as they are unique and can be traded or sold. Avatars can enhance user engagement, providing a sense of community and belonging within these spaces. Overall, avatars play a role in shaping identity and interaction in these digital environments, blending personal expression with community engagement.

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