🌴Nauru Goes Full DeFi
🏝Tiny island, big crypto moves: Nauru just passed a bill to regulate crypto with its own watchdog, the Command Ridge Virtual Asset Authority (CRVAA).
💼VASPs can now get licensed to run exchanges, issue tokens, and even launch stablecoins — all from this 21km² island in the Pacific.
💸President’s goal? Attract investment, jobs, and financial innovation to boost Nauru’s struggling economy.
🌐Nauru joins the offshore club with Cayman & Vanuatu — but adds its own twist: crypto = commodity, not security.
🧠Fun fact: SBF’s brother once wanted to buy Nauru and build a bunker there. Didn’t work out — but crypto still found a way in.
