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Japan’s Financial Services Agency (FSA) is planning to review regulations that would enable banks to acquire and hold cryptos such as Bitcoin for investment purposes. According to a Livedoor News report , that would mark a major policy shift given that current supervisory guidelines effectively ban banks from holding crypto due to volatility risks.  The report said that the FSA plans to discuss the change in regulation at an upcoming meeting of the FInancial Services Council, which is an advisory body to the Prime Minister. The goal behind the reform is to align crypto asset management with that of traditional financial products such as stocks and government bonds.  Banks Could Operate Licensed Crypto Exchanges As part of the reform, the FSA is also reportedly considering allowing banking groups to register as licensed crypto exchange operators. If this happens, it will allow banks to offer trading and custody services directly to their customers.  However, reg...

The European Union is proposing new sanctions to choke off a ruble-backed stablecoin that’s fueling sanctions evasion. The bloc aims to ban all EU entities from trading the A7A5 token, which has processed $68 billion in transactions since launch, reports Bloomberg. Owned by Moldovan fugitive banker Ilan Shor and Russia’s state lender Promsvyazbank, the stablecoin boasts 41.6 billion tokens in circulation worth $496 million as of September 26th. The coin was created by the payments firm A7, which was hit with US penalties earlier this year. EU leaders say the coin directly helps Russian firms dodge Western restrictions via crypto swaps through exchanges like the blacklisted Garantex, and the move is designed to escalate pressure on Moscow’s digital workarounds amid the ongoing war with Ukraine. The EU’s measures will need unanimous EU approval and would also target banks in Russia, Belarus and Central Asia for enabling the crypto stablecoi...

Almost half of all Ethereum Improvement Proposal 7702 (EIP-7702) authorizations by users involve crimes like phishing and draining of funds, according to research from market maker Wintermute. This is a far cry from Vitalik Buterin’s claim that its temporary smart contract functionality would give users “superpowers” with “guardrails.” Since May 7 this year, users have activated the feature 1,580,930 times, with Wintermute’s team tagging 768,275 or 48% of them as crime-related. Criminals might — subject to further investigation — have victimized thousands of people using this feature. wild & depressing chart, the most used category of eip-7702 authorizations are "crime" (i.e. phishing/draining wallets) pic.twitter.com/7Bij2l1V0e — ceteris (@ceterispar1bus) September 19, 2025 EIP-7702 temporarily converts a user’s signing account into a smart contract wallet for the duration of that transaction. It was supposed to enhance user ...

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The United States House of Representatives has successfully passed the bill ‘Clarity Act’ seeking clarity for the creation of non-fungible token-based gaming coins. This highly anticipated bill has proceeded to the Senate. Upon approval, this ‘Clarity Act’ bill will unlock a new era of billion-dollar gaming tokens. At the time of publishing, the chances of this bill passing in the Senate stand at 87% on Polymarket. The Clarity Act Just Passed In The House Of Reps In a July 17 blog post, Robbie Fergusson, the Co-founder and President of Immutable, confirmed that the Clarity Act has just passed in the United States House of Representatives and it’s now proceeding to the Senate. The United States House of Representatives is the lower house, with the U.S. Senate being the upper house. Together, the U.S House and Senate have the authority under Article I of the U.S. Constitution to pass or defeat federal legislation. CLARITY Act just passed in House of Reps,...

The Ripple SEC plan has taken center stage right now as Chinese company Webus International Limited filed a $300 million digital asset management agreement with regulators. This move comes alongside expert XRP price prediction suggesting potential for massive gains, while XRP news continues highlighting regulatory progress and also market volatility across the cryptocurrency sector at the time of writing. XRP SEC filing document Webus International – Source: SEC.gov Also Read: Ripple Price Prediction: $589 XRP in Focus After 21 EMA Retest Navigating XRP News, Cryptocurrency Regulation, and Market Volatility Amid $300M SEC Filing Source: Watcher.Guru Webus International’s Strategic Ripple SEC Plan Filing Webus International Limited, the Hangzhou-based AI-driven mobility solutions company, filed Form 6-K with the SEC to establish an XRP treasury worth up to $300 million. The Ripple SEC plan represents a significant institutional commitment right now, with the company signing a...

Ethereum (ETH) is definitely catching some serious attention lately. On January 23rd, the SEC dropped the Staff Accounting Bulletin (SAB) 121, which had forced companies to treat crypto assets like liabilities on their books. With that gone, there’s a lot more buzz around Ethereum, and some are thinking it could hit $7,000 soon. It’s still early, but the mood in the market is definitely more upbeat now. This change could really open doors for Ethereum to keep climbing in the next few months. Source: 10XResearch Also Read: Ark’s Invest Cathie Wood Believes TRUMP Coin Has Value: Here’s Why Ethereum’s Future Looks Brighter After SEC’s Move Source: Unsplash The SEC’s decision to scrap SAB 121 is getting a lot of DeFi fans excited. A few analysts think this could be the push Ethereum needs to reach new heights. Markus Thielen, the head of research at 10x Research, is one of them. He’s optimistic this will help Ethereum climb. Some are even saying that Ethereum might hit $7,000, thanks ...

A congressman from Brazil has officially proposed a bill to establish a strategic Bitcoin reserve in the country: the Bitcoin Sovereign Strategic Reserve. The Reserva Estratégica Soberana de Bitcoins (RESBit) aims to diversify the country’s Treasury. According to Portal do Bitcoin, a Brazilian media platform, Congressman Eros Biondini filed the proposal on Monday. https://twitter.com/watcherguru/status/1861465673064411525?s=46 “The creation of RESBit is a strategic measure that positions Brazil as a leader in the new digital economy, reducing economic risks and expanding opportunities for technological and financial development,” wrote Biondini in the justification for the bill. “The approval of this project is essential to guarantee the country’s economic sovereignty and align Brazil with global innovation trends.” As presented, the bill stipulates planned and gradual acquisitions of Bitcoin, up to 5% of Brazil’s national reserves. Biondini’s proposal would also...

A US Securities and Exchange Commission (SEC) settlement with eToro is fueling speculation that the regulator has clarified that Ethereum is not a security. The settlement, which required eToro to delist most tokens except Bitcoin, Bitcoin Cash, and Ethereum, is seen by some industry leaders as an implicit acknowledgment by the SEC that ETH is not a security. “They just conceded ETH is not offered as an investment contract security in secondary markets,” said Coinbase’s chief legal officer Paul Grewal in a Sept. 12 post on X. ” But  @SECGov will not explain why ETH and BTC but no others–because they can’t.” They just conceded ETH is not offered as an investment contract security in secondary markets. But @SECGov will not explain why ETH and BTC but no others–because they can't. There is no plan, no framework, no logic, no due process, and certainly no respect for the law. pic.twitter.com/NNzaOtL6wR — paulgrewal.eth (@iamp...

The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models have vulnerabilities and risks that may negatively impact global financial stability. The FSB recommends a global approach and cooperation on regulation of these MCIs. The Financial Stability Board (FSB), an international organisation that monitors and makes recommendations about the global financial system, is seeking for greater cooperation among national regulatory bodies when it comes to the  regulation of crypto . In particular, the FSB has called for cross-border collaboration between different regulators across the globe in the supervision of multifunction crypto-asset intermediaries (MCIs). While critical to the crypto ecosystem, there are risks and vulnerabilities linked to crypto behemoths that combine services and products. These risks can be impactful on global financial stab...

On Nov. 15, the U.S. House Financial Services Committee will scrutinize crypto currency’s role in illicit activities , focusing on money laundering and terrorism funding. The U.S. House of Representatives Financial Services Committee (FSC) is holding a big meeting on Nov. 15 to discuss illegal activities in the crypto currency world. This meeting, called “Crypto crime in context: breaking down the illicit activity in digital assets,” is essential because it looks into how digital currencies are used for crimes like money laundering and funding terrorism. #NEW: Chairman @PatrickMcHenry announces a markup of legislation to provide clarity for the digital asset ecosystem and address national security concerns. Read more https://t.co/kb2smj24Io — Financial Services GOP (@FinancialCmte) July 22, 2023 Experts like Bill Hughes from Consensys, Jonathan Levin from Chainalysis, and Jane Khodarkovsky, who knows a lot about tracking money in human trafficking, will ...

The recent surge in FTX claims is being attributed to its early investment in AI companies whose valuation has jumped in recent times. The current claim pricing of FTX has reached a maximum of 57%, according to data from Claims Market. The increase in FTX’s claim pricing is attributed to the valuation of the Artificial intelligence (AI) companies that the now-bankrupt crypto exchange previously invested in.  Creditors stake their claims to try to recoup some of their investment when businesses experience financial difficulties or bankruptcy. Based on their estimates of the total amount recovered, investors frequently trade these claims. There is an increase in the estimated recovery value when the pricing of a claim rises. FTX claims. Source: Claims Market As the value of FTX investment in these AI companies jumped, so did the potential amount that could be recovered from its bankruptcy procedure. A claim is a legal assertion of a certain monetary amount. The claim percentage value...

Former Celsius CEO is currently out on bail facing multiple charges of criminal fraud and market manipulation from various U.S regulatory agencies. Alex Mashinsky, the founder and former CEO of now bankrupt crypto lender Celsius, filed a new motion in court seeking the dismissal of the Federal Trade Commission (FTC) case against him “in its entirety.” The legal counsel for the former Celsius boss argued that the allegations against their client do not support the claim that he knowingly made a misstatement to “fraudulently obtain customer information from a financial institution.” According to the lawyers, the accusations do not meet the standards for a claim under the Gramm-Leach-Bliley Act (GLBA). This 1999 law requires knowingly making false claims to collect customer information fraudulently from a financial institution. Additionally, the lawyers claimed that because Mashinsky resigned from his position as CEO of Celsius on Sept. 27, 2023, the complaint cannot prove that he ...

Binance CEO Changpeng Zhao sought to dismiss concerns around executive departures, claiming they are moving into bigger roles outside Binance, and said reports are market FUD. The world’s leading crypto exchange by trading volume, Binance, has seen the departure of 10 key executives from various departments in the first nine months of 2023. While executive departures from a company are the norm based on their preset contractual obligations, the number of executives leaving Binance amid growing regulatory troubles has been a key talking point in the crypto community. The latest to join the list is Helen Hai, executive vice president of Binance, who announced her resignation from her post on Sept. 6. On the same day, Gleb Kostarev, vice president of Eastern Europe, Turkey, the Commonwealth of Independent States (CIS), Australia and New Zealand at Binance, also announced his resignation, as did Russia and CIS general manager Vladimir Smerkis. The list of key executives to leave Binance ...