An ancient Bitcoin whale deposited another 2,000 BTC into HyperLiquid in exchange for ETH

2025/08/31 17:24

PANews reported on August 31 that according to Onchain Lens detection, an ancient Bitcoin whale once again deposited 2,000 BTC into HyperLiquid to exchange for ETH, worth US$218.24 million.

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Japan Considers Merging Crypto Oversight Into Securities Law

Japan Considers Merging Crypto Oversight Into Securities Law

The post Japan Considers Merging Crypto Oversight Into Securities Law appeared on BitcoinEthereumNews.com. Japan’s government is considering incorporating cryptocurrencies into the Financial Instruments and Exchange Act (FIEA), a move away from their current classification under the Payment Services Act. The move seeks to strengthen investor protection and align crypto oversight with securities regulation, though the advisory council remains concerned about the potential risks of extending this framework too broadly. Japan Considers Major Shift in Crypto Regulation Sponsored Sponsored The Financial Services Agency (FSA) presented a proposal during a Financial System Council working group on September 2 to regulate cryptocurrencies under the Financial Instruments and Exchange Act (FIEA). Currently, crypto assets are governed by the Payment Services Act, but the agency believes shifting oversight to the FIEA would better address their rising role as investment products. Under the new framework, cryptocurrencies would be classified alongside securities, subjecting issuers and exchanges to stricter requirements. The FSA argued that tighter rules would deter market misconduct while ensuring transparency for investors. To balance this change, the Payment Services Act provisions would be removed to avoid overlapping business compliance burdens. The agency emphasized that crypto’s role in payment transactions would remain intact even under securities law. However, firms offering tokens must provide detailed disclosures about price volatility, reliability, and associated risks. The FSA will submit a legislative amendment to the ordinary Diet session next year. Skepticism from Experts on IEOs The proposal prompted debate within the meeting. Following industry group presentations, some members questioned whether incorporating cryptocurrencies into securities regulation is right. Naoyuki Iwashita, a Kyoto University professor and former director at the Bank of Japan’s Institute for Monetary and Economic Studies, noted that primary tokens like Bitcoin and Ethereum may not matter significantly whether they fall under the FIEA or Payment Services Act. Still, he raised concerns about extending the securities framework to all crypto assets. Iwashita…
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BitcoinEthereumNews2025/09/03 10:30
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