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Japan's Financial Services Agency clarifies non-custodial wallet services regulations.
Crypto Assets

Japan's FSA Defines Legal Framework for Non-Custodial Wallets

Japan's Financial Services Agency has clarified that non-custodial wallet services are not categorized as crypto asset trading businesses, addressing legal uncertainties and promoting innovation in...

CoinDesk IndexCoinDesk 20 Index showing positive trends in cryptocurrency market.

CoinDesk 20 Index Trends Upwards: 18 Assets Gain

The CoinDesk 20 Index has experienced a positive trend, currently at 1898.72, reflecting a 1.9% increase. With 18 out of 20 assets trading higher, APT and RENDER lead the way. Discover the latest m...

AAVEFenbushi Capital's crypto asset sale breakdown.

Fenbushi Capital Sells $5.14 Million in Crypto Assets with Major Losses

Fenbushi Capital's recent sale of $5.14 million in crypto assets sees significant losses; key assets include EIGEN, UNI, and AAVE among others. Discover the details behind this substantial divestment.

blockchainFenbushi Capital logo and crypto assets overview

Fenbushi Capital Sells $5.14 Million in Crypto Assets: A Significant Loss

Fenbushi Capital recently sold crypto assets worth $5.14 million, incurring notable losses across various tokens including SUSHI and COMP. Discover the details of this sale and the impact on the firm.

BitcoinBitwise CIO Matt Hougan discussing financial advisors and cryptocurrencies

Growing Trend: More Financial Advisors Allocating Crypto Assets

Bitwise CIO Matt Hougan reports that 70% of top financial advisors now own cryptocurrencies. This marks a significant increase from 10-20% in previous years, indicating a shift in the financial com...

ASICA meeting at the AFR Digital Asset Summit discussing crypto asset regulation.

ASIC to Revise Crypto Asset Classification Guidelines

ASIC plans to update guidelines for crypto asset classification by November, requiring many firms to obtain financial services licenses to clarify regulatory alignment and mitigate consumer risks.