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- Japan's JPYC Inc. launched JPYC, a yen-pegged stablecoin fully backed by bank deposits and government bonds, marking the country's first regulated digital yen. - The stablecoin aims to compete with dollar-pegged alternatives in Asia-Pacific trade, targeting 10 trillion yen issuance within three years while complying with Japan's strict anti-money laundering laws. - Seven firms and crypto wallet HashPort have pledged JPYC integration, but face competition from Monex Group and major banks developing rival
- India's Madras High Court ruled cryptocurrency as legal property, reshaping digital asset regulations. - The decision emerged from a WazirX hack case, protecting XRP tokens from loss-sharing under Indian jurisdiction. - Citing global precedents, the court emphasized crypto's transferability and private-key governance under tax laws. - Experts praise the judgment for strengthening consumer rights but highlight fragmented regulatory gaps in India. - The ruling pressures policymakers to balance innovation w
- Bitcoin's bull market remains intact as 30 key indicators remain untriggered, suggesting potential extension into early 2026. - Institutional confidence grows with $20.3M ETF inflows and strong on-chain accumulation, while structural factors like macroeconomic trends prolong the cycle. - Geopolitical developments and Fed policy uncertainty create volatility, but Bitcoin's dominance (59.1%) and low selling pressure indicate sustained institutional support. - Analysts highlight undervalued altcoins and cau
- China's Wang Yi emphasized a "multipolar world" amid U.S.-China trade tensions, framing it as an inevitable shift in global power dynamics. - Beijing's five-year plan prioritizes reducing foreign tech reliance and boosting domestic consumption, while U.S. tariffs and Chinese export controls disrupt global supply chains. - Pre-summit talks show "preliminary consensus" on avoiding further tariffs, but structural rivalry persists over rare earths, soybeans, and regional alliances. - Regional diplomacy highl
- Bitcoin's 2025 price surge reactivated dormant whale wallets, including a 14-year-old address moving $1B worth of BTC and a Satoshi-era wallet reducing holdings to 3,850 coins. - Market resilience absorbed whale selling pressures as institutions and DeFi tools enabled hedging without destabilizing prices, with 53% of Bitcoin's supply still held by individuals. - Bitcoin ETFs saw $446M in inflows last week (led by IBIT and FBTC), contrasting Ethereum ETFs' $243.9M outflows amid macroeconomic uncertainty a
- Global regulators intensify crypto tax enforcement as UK and US implement strict reporting rules and real-time data sharing to close evasion loopholes. - UK's HMRC sent 65,000 warning letters in 2024/25 targeting under-reported crypto gains, with OECD's 2026 framework enabling automatic exchange data sharing. - US IRS mandates Form 1099-DA for 2025, requiring exchanges to report transactions and shifting to wallet-specific accounting for crypto gains tracking. - Non-compliance risks audits, back taxes, a
- Global tax authorities intensify crypto crackdown using blockchain analytics and data-sharing frameworks to track unreported gains. - IRS and HMRC enforce strict compliance: crypto classified as taxable property, with penalties up to 100% of owed taxes and criminal prosecution risks. - OECD's CARF mandates cross-border crypto reporting from 2026, aligning with U.S. Form 1099-DA and CRS to eliminate evasion loopholes. - Investors face mandatory disclosures (UK 2026 framework) and AI-driven audits, with HM
- Bitplanet, South Korea's first public company, buys 93 BTC under FSC regulation, aiming to accumulate 10,000 BTC. - The move aligns with Asian firms adopting crypto as reserves amid tightening regulations and market recovery. - Backed by Sora Ventures, the firm plans $40M in digital asset purchases, emphasizing compliance and transparency. - Global corporate BTC holdings exceed 1.02M, but Asian exchanges are increasing oversight of crypto reserves.
- Japan's JPYC stablecoin, launched by JPYC Inc., is the first yen-backed digital currency fully compliant with Payment Services Act regulations. - Operating on Ethereum, Avalanche, and Polygon, it aims for 10 trillion yen circulation by 2026 through fee-free transactions and bond interest revenue. - Japanese firms like Densan System and Asteria are integrating JPYC for payments, while SMBC and other banks explore competing yen-pegged stablecoins. - Japan's 2023 regulatory framework and growing crypto adop
- 09:19The first Solana staking ETF, BSOL, will offer physical subscription and redemption functions.Jinse Finance reported that on October 28, Bitwise will launch the first 100% Solana staking ETF to be listed on the New York Stock Exchange, with the stock code BSOL. Bitwise plans to stake 100% of the SOL holdings of the Bitwise Onchain Solutions Staking BSOL Fund, supported by Solana staking technology provider Helius, with a staking yield of 7.34% and a management fee of 0.20%. For the first three months, the management fee for the first 1 billion USD in assets will be 0%. In addition, the Bitwise Solana Staking ETF will offer physical subscription and redemption functions.
- 09:19Matrixport: Bitcoin is still in a range-bound stateJinse Finance reported that Matrixport stated Bitcoin remains in a range-bound consolidation; in contrast, the US stock market has repeatedly reached new historical highs driven by the AI boom. There are certain similarities to the rhythm seen last year: after a prolonged period of low volatility consolidation, prices experienced a relatively rapid upward movement within about three weeks (historical review, not indicative of the future). The current narrow fluctuations place higher demands on traders' patience. The short-term outlook is mainly wait-and-see, while the mid-term pattern remains unchanged. If the Federal Reserve maintains a dovish stance and continues to cut interest rates, the market will mostly be waiting for clearer external driving signals. Historically, similar rhythms have often been observed: after a long period of consolidation, volatility tends to be released intensively within a short period.
- 09:11MegaETH public sale has currently raised $530 million, with 18,590 participating addresses.According to ChainCatcher, citing Dune data, the MegaETH public sale has currently raised $530 million, with 18,590 participating addresses.