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Uncategorized – Page 949 – DIGIT INFO

Japan to classify cryptocurrencies as financial products: Report

Japan’s finance regulator is planning to change the country’s laws to classify cryptocurrencies as financial products as early as 2026, according to the local outlet Nikkei. The Financial Services Agency (FSA) plans to submit a bill to parliament to revise the Financial Instruments and Exchange Act as early as next year after having considered the … Read more

South Korean crypto exchange users hit 16M in ‘saturation point’

Crypto exchange users in South Korea have crossed over 16 million after receiving a boost following US President Donald Trump’s election win last November.  Data submitted to representative Cha Gyu-geun of the minor opposition Rebuilding Korea Party found over 16 million people had crypto exchange accounts out of a total population of 51.7 million, according … Read more

California introduces ’Bitcoin rights’ in amended digital assets bill

A Californian lawmaker has just added Bitcoin and crypto investor protections to a February-introduced money transmission bill aimed at securing crypto self-custody rights for the US state’s nearly 40 million residents. California’s Assembly Bill 1052 was introduced as the Money Transmission Act on Feb. 20, 2025, but was amended by Democrat and Banking and Finance … Read more

Centralization and the dark side of asset tokenization — MEXC exec

Tracy Jin, the chief operating officer at the MEXC crypto exchange, warns that tokenizing real-world assets (RWAs) carries a substantial amount of centralized risks that can lead to censorship, liquidity issues, legal uncertainty, cybersecurity problems, and asset confiscation through state or third-party intermediaries. In an interview with Cointelegraph, the executive said that as long as … Read more

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