Bureaucracy-free governance refers to a system where decision-making and organizational processes occur without traditional hierarchical structures and red tape. In this model, authority is decentralized, allowing individuals to participate directly in governance.In the context of blockchain and related technologies, this often means using smart contracts and decentralized autonomous organizations (DAOs). These tools enable community members to vote on proposals, manage funds, and set rules without going through centralized entities. The aim is to create a more transparent and efficient decision-making process, reducing delays and costs associated with conventional governance. Participants can contribute ideas and influence outcomes based on consensus rather than waiting for approval from a few leaders.By minimizing bureaucracy, these systems promote inclusivity and greater responsiveness, letting communities adapt more swiftly to changing needs and challenges. This model seeks to empower individuals and foster innovation, making governance more democratic and aligned with the values of decentralization.

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