The Intermediary Layer refers to the components and protocols that facilitate communication and transactions between different blockchain networks. It serves as a bridge, allowing various systems to interact while maintaining their individual characteristics.This layer can include protocols that handle cross-chain transactions, ensuring that assets can be transferred and verified across different networks. It also aids in the exchange of information, enabling users to access multiple blockchains without needing to understand the intricacies of each one.Additionally, the Intermediary Layer can enhance security and privacy by implementing measures that protect user data while making transactions. It plays a crucial role in enabling decentralized applications, as it connects different functionalities and services, providing users with a seamless experience.Overall, the Intermediary Layer is essential for improving interoperability, scalability, and user accessibility in the blockchain ecosystem, promoting a more integrated and efficient network of services.

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