Japan Passes Bill Reclassifying Crypto as Financial Instruments
In recent developments, the Japanese government has approved an amendment to the Financial Instruments and Exchange Act, officially reclassifying cryptocurrencies as financial instruments. Key Takeaways: Japan reclassified crypto as financial…
Japan approves bill to classify crypto as financial instruments
In recent developments, the Japanese Cabinet reclassified crypto as a financial instrument and will enforce insider trading bans and annual disclosure mandates for issuers. Looking closer, market participants highlight key…
Bitcoin And Ethereum Adoption Gets A Boost From Schwab Launch
In recent developments, adoption of Bitcoin and Ethereum is poised to take a significant step forward as Charles Schwab introduces direct trading for both assets on its platform. As one…
Australia Mandates Financial Services Licenses for All Local Cryptocurrency E…
In recent developments, australia implements a landmark regulatory framework requiring cryptocurrency exchanges and custodians to obtain formal financial services licenses. The Australian government passed new legislation requiring all cryptocurrency exchanges…
Massachusetts city to weigh crypto ATM ban, citing financial risks
In recent developments, haverhill City Council, following other jurisdictions, is set to consider an ordinance banning crypto ATMs viewed as enabling financial fraud and money laundering. Looking closer, market participants…
Tether Engages Big Four for First Full Audit
In recent developments, tether has hired a Big Four accounting firm to conduct its first full financial audit. The move signals a major shift toward deeper transparency in the stablecoin…
South Korea’s Hana Financial partners with Standard Chartered on digital as…
In recent developments, hana Financial Group will collaborate with Standard Chartered on digital assets following its stablecoin partnership with USDC issuer Circle earlier in March. Looking closer, market participants highlight…
Coinbase Signals Next Financial Supercycle—Onchain Markets Poised to Reshap…
In recent developments, tokenization is emerging as a potential fix for global financial inequality, with Coinbase research arguing that bringing stocks and bonds onchain could unlock broader market access and…
Belarus establishes rules for ‘crypto banks’: check out the details
In recent developments, president Alexander Lukashenko signed Decree No. 19 to set operating rules and market entry conditions. Cryptobanks must become Hi-Tech Park residents and be registered in a central…
World Liberty Markets Goes Live, Giving USD1 a Lending and Borrowing Use Case
In recent developments, world Liberty Financial has launched its first web application, World Liberty Markets, introducing lending and borrowing functionality for its USD1 stablecoin through an integration with Dolomite. World…
