Из жизни альткоинов
Japan Signals Big Shift: FSA Set To Classify Crypto As Financial Products
According to reports, Japan’s Financial Services Agency is preparing a major rewrite of how crypto are treated under the law, moving to classify certain digital assets as “financial products” and placing them under stricter rules and tax treatment.
The change would affect 105 cryptoassets, and it could reshape trading, reporting and who is allowed to hold these assets.
Rules For AssetsThe move would force domestic exchanges to publish far more detail about each listed token — for example, whether an asset has a clear issuer, the technology that runs it, and its volatility profile.
Bitcoin and Ether are among the listed names covered. The proposed shift would fold these tokens into the Financial Instruments and Exchange Act, bringing them under the same insider-trading framework that governs stocks and other securities. The regulator is said to plan to present a draft of the law in 2026.
A Flat Tax Proposal That Lowers The Top RateReports have disclosed that the FSA wants gains on the approved tokens taxed at a flat 20%. Today, many crypto profits are treated as “miscellaneous income,” where high earners can face rates as high as 55%.
Moving to a 20% regime would align the treatment of those assets more closely with how stock gains are taxed, and could change the incentives for active traders and investors.
Banks May Enter The MarketBased on reports, the regulator is also thinking about letting banks hold crypto for investment, which under current practice is effectively blocked because of volatility concerns.
Bank groups could be allowed to register and operate as licensed exchanges through their securities arms, enabling them to offer trading and custody services directly to customers. That would mark a big shift in where custody and trading services could be offered in Japan.
Market Players Face New Compliance BurdenStricter disclosure demands and insider-trading rules would probably raise costs for exchanges and token issuers. Smaller platforms might drop tokens that are expensive to support under the new rules.
At the same time, the changes would aim to reduce market abuse tied to non-public information, such as upcoming listings or delistings. Enforcement, however, will be tricky; tracing off-exchange trades and private wallets across borders remains difficult.
If the plan moves forward, record keeping will become more important for everyone involved. Traders should keep clean proof of cost basis and timestamps.
Exchanges need to improve token documentation and governance records. Institutions that eye custody services must prepare risk controls, compliance checks and investor disclosures now, because banks that want to enter will face tight scrutiny.
Featured image from PlanetofHotels.com, chart from TradingView
Обратный выкуп токенов не считается сделкой с ценными бумагами — Джон Дитон
В Российском университете дружбы народов назвали долгосрочные преимущества цифрового рубля
Питер Шифф оценил перспективы компании Strategy
Cardano Founder Hoskinson Tells Crypto Traders To ‘Hold The Line’
Cardano founder Charles Hoskinson has responded to the latest market downturn with one of his most forceful defenses of crypto to date, urging investors not to panic-sell and portraying exits to fiat as a vote for a dystopian future. Speaking from Colorado in a video dated November 15, he noted that “since October, you know, we lost about a trillion dollars of value,” but stressed he has “lived through” multiple boom-and-bust cycles.
Reviewing long-term Bitcoin charts, the Cardano founder mocked the recurring emotional swings of the market. “It goes up, it goes down and everybody freaks the f*** out. Paper hands. So papery,” he said, comparing himself to a calm rider on a violent amusement-park drop, reading a book while others scream.
Cardano Founder Predicts 1 Billion Users By 2030Hoskinson argued that the sell-off has not been driven by deteriorating fundamentals for crypto, but by leverage, manipulation and trader behavior. “Have any of the fundamentals changed between now and a month ago or 12 months ago about crypto? Have any of the fundamentals changed? Any?” he asked. Instead, he pointed to rising US debt, declining trust in the dollar and worsening geopolitical tensions, describing governments as “morally bankrupt, fiscally bankrupt, and […] destined for Armageddon.”
He ridiculed those selling into dollars amid such a macro backdrop. “You paper hand sons of […] want to go exit into a currency that has nearly $40 trillion of debt,” he said, questioning whether that exit is just to “go buy a car,” “buy some real estate,” or pay down “a little credit card debt.” He called this behavior “collective Stockholm syndrome,” arguing that people are returning to institutions that systematically exploit them.
“Crypto is the opt out. Crypto is the exit. Crypto is the solution,” Hoskinson said. In his view, blockchain systems provide “honest money,” verifiable votes and auditable institutions where “no one can ever change the record to their own convenience.” He claimed there are “550 million people in the cryptocurrency ecosystem” and predicted “there’s going to be a billion by 2030,” adding that “the majority of the world’s stocks and bonds and equities will be in the cryptocurrency space by 2030.”
On markets, he repeated that volatility is secondary to long-term direction. “Goes down, goes up, goes down, goes up […] But it goes up because there’s people,” he said, arguing that adoption and migration of financial markets into crypto will push the asset class toward 10 trillion in value. “Trillion doesn’t even mean anything anymore. The dollar doesn’t mean anything anymore. Everything ought to be priced in crypto because it’s the only place left where there’s a semblance of objectivity and honesty.”
Hoskinson extended his critique to fiat money creation, calling the existing system “a Ponzi scheme.” “The money is worthless because when they print it, they use it themselves, extract all the value, get hard assets with it, and then dump the worthless […] on you, and your wages don’t go up,” he said. In contrast, he argued, “No one can turn off your ADA. No one can turn off your Bitcoin. No one can turn off your Ether.”
He framed on-chain governance and transparency as prerequisites for legitimate institutions, claiming that “no voting in the United States will ever be legitimate again until it’s on a blockchain” and “no company in the United States will ever be fully legitimate, trustworthy, and honest until it’s a DAO.”
He also highlighted privacy-focused technologies such as Zcash, Monero and Cardano’s Midnight sidechain, which he described as “real privacy” and said is being designed to be “fully programmable and soon to be postquantum.”
Despite describing himself as “so thoroughly done” with market panic, Hoskinson said he continues to work in crypto because he believes it is the only realistic path to preserving individual autonomy. “There’s a reason I’m still around and I haven’t retired,” he said. “I honestly still believe we can win.”
For traders unnerved by red candles, his message was uncompromising: “Hold the line. Bring people in. Get crypto going. Get the markets going again.” Selling, he warned, is not a neutral act but “voting to permanently live in that world” of surveillance and control. “Don’t sign up for it. Sign up for crypto. That’s all I’m going to say.”
At press time, Cardano traded at $0.49.
Чарльз Хоскинсон назвал слабое звено блокчейна Cardano
Гарвард утроил вложения в криптовалютный фонд BlackRock
How Low Can The Bitcoin Price Go Before The Bleed Ends?
After breaking below the $100,000 level for the second time this month, the bears look to have taken full control of the Bitcoin price. The last week has been categorized by slow market movement, with Bitcoin chopping more sideways and then moving further down with each decision. At this point, it seems that there is a major hunt for liquidity in the market that could trigger further decline, something highlighted by crypto analyst TehThomas in a recent post.
Bitcoin Price Needs To Reclaim $97,000Thomas’ analysis focuses on the recent Bitcoin price breakouts that have ultimately ended with the cryptocurrency giving the gains back to the market in a dramatic way. This comes after the Bitcoin price completed its foray into new all-time high levels, clearing $126,000 in the process. However, since then, it has been a tale of a slow decline.
Most of this decline has been a result of direct selling, especially with billion-dollar whales dumping their considerable BTC holdings on the market. This push-down has driven the Bitcoin price down to a critical level, and its capacity for recovery now depends on whether it’s able to reclaim the $97,000 level.
The reason for this, as the crypto analyst explains, is that it would mean that the buyers are beginning to return to the market. Thus, if the Bitcoin price reclaims the $97,000 level with momentum, then it would see a short-term bounce to put it back above $100,000.
The Bears Still Have Their PositionsFor the bearish scenario, the crypto analyst explains that the bitcoin price would need to fail to close above $95,000. As seen over the weekend, this support level has already been weakened after the Bitcoin price breakdown and could see more decline as a result.
If it fails to hold up, then the current downtrend should be expected to deepen. This is because the Bitcoin price would be falling to the next levels, where there is much deeper liquidity, and these levels happen to lie below $90,000. This support level would pull the price in until the buyers step in again.
“In that situation, the next major support zone below becomes the logical draw, and the path shown on the chart, a small bounce followed by another leg down, fits well with the current momentum,” the analyst explains. Given this, the buyers would have to step in this new week to ensure another push, or the Bitcoin price risks a further crash.
Stablecoin Liquidity Displays Clear Uptrend — When Will Bitcoin Price Follow?
The sluggish price action of Bitcoin has been the common feature through the first two weeks of November. Having lost its $100,000 support, all eyes are on the flagship cryptocurrency as it hovers around yet another of its key price levels — that is, $95,000. As the Bitcoin price, however, struggles to regain bullish momentum, recent on-chain data points to an occurrence with near-term bullish implications.
Could BTC Price Recovery Start In December?In the latest Quicktake post on the CryptoQuant platform, XWIN Research Japan reported that Bitcoin could soon see a definite recovery of its former highs. To lend credence to this insight, the analytics firm revealed that the stablecoin exchange reserves are continuously witnessing episodes of rapid increase.
Historically, periods of stablecoin accumulation have preceded major price expansions. As an example, the DeFi firm highlighted the July 2025 occurrence. As BTC moved sideways around $100,000 at the time, there was simultaneously an exponential growth in stablecoin liquidity. Weeks after, Bitcoin went ahead to break above the resistance it was facing, putting in price around the $110,000 range.
The same pattern was seen in mid-August to late September. After exchange reserves recorded a growth of more than $8 billion (in 30 days), Bitcoin showed very little directional momentum. However, by late September, the premier cryptocurrency went on a run to set an all-time-high of $126,000.
Within the final days of September and early October, there was also a voluminous accumulation of stablecoins — an event which also preceded Bitcoin’s upswing to its all-time-high price before its mid-October crash.
Although a pattern is ostensibly in play with stablecoin accumulation being the key factor, XWIN Research explained that predicting price reactions to this change is not so easy. This is due to the inconsistencies of the Bitcoin reaction in the past. “Sometimes the reaction comes within days; other times, it takes several weeks,” the institution explained.
XWIN Research nonetheless pointed out that a macro event such as the upcoming December FOMC meeting could serve as a trigger to activate dormant liquidity. Stablecoin reserves stand at their highest levels yet in 2025 — this significant amount of liquidity could sponsor the next significant price recovery.
BTC Trades Beneath 365-Day MA — More Pain Ahead?In another post on X, CryptoQuant’s head of research Julio Moreno shared a less optimistic prognosis for the market leader. The crypto pundit reiterated that the Bitcoin price has slipped beneath its yearly moving average of $102,000.
Citing historical trends, Moreno reasoned that the Bitcoin market may be at the beginning of a bearish phase, as it is “pretty difficult to recover” from a failure of its 365-day MA.
As it stands, BTC may be targeting the $92,000 and $72,000 support levels. However, if significant demand enters into the market, reflecting a sentiment turnaround, the flagship cryptocurrency could see a miraculous reversal of its precarious situation.
As of this writing, Bitcoin is worth about $96,050, reflecting no signifcant movement in the past 24 hours.
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