Japan reclassifies crypto as a financial asset, paves way for tax cuts

Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products.

• Japan reclassified cryptocurrencies as financial instruments, shifting them from a payments-focused regime to an investment framework under amended financial and payments laws set to take effect in 2027.
• The legislation paves the way for potential spot bitcoin ETFs, increases penalties for unregistered crypto operators, and imposes stricter insider-trading, disclosure and investor-protection rules on issuers and exchanges.
• Lawmakers also approved a plan to cut the top tax rate on crypto income from as high as 55% to a flat 20% starting in 2028.

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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters :

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Hyperliquid founder wants U.S. oversight of trading platforms, not his blockchain

Australia’s financial watchdog seeks stiffer rules for crypto exchanges ahead of licensing deadline

Hex founder Richard Heart arrested in Istanbul, Turkish media report

Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.