What you need to know: Yachty sails into the crypto sea with YachtyCoin—but Americans can’t invest

Last December, Lil Yachty announced that he was partnering with Swiss crypto startup Fyooz to create his own YachtyCoin currency. Though Yachty’s home base is America, the hope is that he has some international appeal, because Fyooz announced that, “Star Tokens may not be purchased and traded by US citizens, green card holders, or residents of the United States of America.”