Arizona has taken a pioneering step by passing the Bitcoin Reserve bill HB2324, which authorizes the state to hold digital assets seized through criminal forfeiture, marking a significant legal milestone
Japan’s Financial Services Agency (FSA) has proposed a reform that could pave the way for crypto-based investment products and significantly lower the capital gains tax on digital assets in the country. FSA Proposes Crypto Assets Reclassification On Tuesday, local news outlet CoinPost reported that Japan’s Financial Services Agency announced it is considering reclassifying crypto assets as financial products under the Financial Instruments and Exchange Act (FIEA) and establishing a working group on digital asset systems. In a document titled “Review of the Regulatory Framework for Cryptocurrencies (Virtual Currencies),” the FSA proposed transitioning crypto assets, which are regulated under the Payment Services Act, into the FIEA’s framework. This transition would formally categorize cryptocurrencies as “financial instruments” and address the current limits of digital assets in Japan. The proposal is scheduled to be discussed at the FSA’s General Council meeting on Wednesday, June 25. Notably, the reform would lead to a change from the current progressive tax system, where digital asset gains can be taxed at up to 55%, to a system like the one used for stocks, with a flat 20% tax on crypto income. Moreover, it would improve access for institutional and general investors through the domestic approval of Bitcoin Exchange-Traded Funds (ETFs) and other investment products, as well as strengthening investor protection under the FIEA. Japan’s regulators have been cautious toward digital asset-based ETFs, with the FSA previously expressing reservations about the investment product, despite the success of US spot ETFs. Earlier this year, Japan’s Parliamentary Vice-Minister of Justice Junichi Kanda discussed with JAN3’s founder, Samson Mow, the “government’s current initiatives to enable Japanese Bitcoin ETFs and reduce taxes on Bitcoin.” Japan’s Regulatory Landscape According to the report, Japan’s regulatory change is reportedly influenced by the “proactive stance (…) taken by the Trump administration (…) and other U.S. government agencies such as Texas,” which recently became the first US state to create a publicly funded BTC reserve. This move is positioned as part of the government’s strategy to realize an investment-oriented nation, aiming to simultaneously create new value using digital assets and expand asset formation opportunities for the public through the comprehensive development of the Web3 and cryptocurrency fields. As reported by Bitcoinist, Japanese authorities have been working on reviewing their regulatory system for nearly a year, developing new policies to offer customer fund safety, while establishing a more reliable industry. In April, the FSA sought the public’s feedback on its framework draft, suggesting digital assets be divided into distinct categories to facilitate regulation and find a balance between user protection and promoting innovation. The proposed framework reviewed multiple aspects of financial regulations, including business regulations, disclosing and providing information, and insider trading measures. Its key proposal separated crypto assets into two categories to apply distinctly different regulatory approaches to each of these categories, depending on the assets’ nature. The FSA has emphasized that developing a “well-balanced environment that protects users and promotes innovation” is required for the crypto industry’s expansion.
The Cardano Foundation has strategically reallocated $100 million worth of ADA into Bitcoin and stablecoins, signaling a pivotal move to invigorate its DeFi ecosystem and enhance liquidity. This capital shift
Chainlink and Mastercard have partnered to enable payment for 3 billion cardholders worldwide to purchase crypto assets directly on-chain through secure fiat-to-crypto conversion. The collaboration is enabled by Chainlink’s secure interoperability infrastructure and Mastercard’s trusted global payments network, “removing long-standing barriers that have kept mainstream users from accessing the on-chain economy,” the firms stated in a June 24 announcement . Chainlink verifies and synchronizes key transaction details to enable Mastercard holders to access crypto directly, the Chainlink team added on X.4 We’re excited to announce that Chainlink and @Mastercard have partnered to enable billions of cardholders to purchase crypto directly onchain. https://t.co/1pKz03jQ7t Chainlink verifies and synchronizes key… pic.twitter.com/5jfLAAYn4D — Chainlink (@chainlink) June 24, 2025 Crypto For The Masses In addition to the key players, Chainlink and Mastercard, several other partners will have a role in the operation. Zerohash offers on-chain services, liquidity, compliance, custody, and transaction infrastructure, while Shift4 Payments enables seamless card processing. Swapper Finance and XSwap will be onboard to deliver a “next-generation” app experience and DEX functionality, and Uniswap sources the liquidity from decentralized exchanges. The system creates a unified experience where users can convert fiat currency into crypto through smart contract execution in a regulated manner, the announcement stated. XSwap sources liquidity from decentralized exchanges like Uniswap, enabling final swap execution on-chain while maintaining compliance. It did not state whether access to crypto would be geofenced or only available in certain jurisdictions. “This is the type of traditional finance and decentralized finance convergence that Chainlink was built to make possible,” said Chainlink co-founder Sergey Nazarov, who added that he was excited about: “Chainlink’s ability to enable this critical connection between the traditional payments world and the over three billion cardholders in the Mastercard user base, directly into the next generation trading environments of on-chain decentralized exchanges.” Raj Dhamodharan, executive vice president of blockchain and digital assets at Mastercard, said there was “no doubt” that people want to be able to connect to the digital assets ecosystem easily, and vice versa. LINK Price Reaction Unfortunately for the “Link Marines,” even a partnership as monumental as this has failed to move LINK prices very much as altcoins remain in the doldrums. LINK has gained a meagre 3.8% on the day in line with a broader market uptick in the wake of the ceasefire in the Middle East. The asset was trading at around $13.40 at the time of writing, down 55% from its recent high of almost $30 six months ago, and a whopping 75% from its 2021 all-time high as altseason remains a distant hope. #Chainlink $LINK daily chart- It’s much smarter to “wait until close to the daily close” to potentially take a position on any asset. Especially, on a news-driven event like #Chainlink and #Mastercard today. We don’t know until end of day if this rally is real or just a pump &… pic.twitter.com/9yC8e6e6fy — SimplisticChartsJoe (@CryptoChartsJoe) June 24, 2025 The post Chainlink Partners With Mastercard Enabling 3 Billion Cardholders to Buy Crypto appeared first on CryptoPotato .
Arizona is on the verge of enacting House Bill 2324, a pivotal law that channels seized cryptocurrency into a state-managed Bitcoin and Digital Assets Reserve Fund. This legislation aims to
Cryptocurrency exchange Binance announced that it will remove three spot trading pairs as a result of periodic evaluations carried out in order to maintain the trading quality on the platform and protect users. Binance to Delisting Three Spot Trading Pairs on June 27 Low liquidity and trading volume were cited as the primary reasons behind the decision. Binance will suspend trading on the following spot trading pairs as of 06:00 (UTC) on June 27, 2025: KAITO/BNB KAITO/BRL ZIL/BTC Important Notes: BRL is the official fiat currency of Brazil and does not represent any digital asset. The removal of these trading pairs does not prevent these tokens from continuing to be traded generally on Binance. Users will be able to trade the relevant crypto assets across different trading pairs. Binance will also terminate all Spot Trading Bot (buy/sell bot) services related to the above-mentioned trading pairs on the same date and time. Bot users are advised to update or cancel their bots to avoid potential losses. Binance stated that it will continue to provide a transparent, healthy, and efficient trading environment by regularly auditing the trading pairs on its platform. *This is not investment advice. Continue Reading: Bitcoin Exchange Binance Announces It Has Delisted Three Altcoin Trading Pairs Due to Low Trading Volume! Here Are the Details
The post Ripple Co-Founder Arthur Britto is Back: David Schwartz Explains Why appeared first on Coinpedia Fintech News Arthur Britto, one of the original creators of Ripple and the XRP Ledger, posted on social media for the first time in 14 years. This unexpected activity created a wave of curiosity across the XRP community. Why now? Was something wrong? Or was something big about to happen? As questions started flying, Ripple’s CTO, David Schwartz, stepped in to clear the air. And he did it with his usual mix of honesty and humor. David Schwartz Clears the Air To clear up the confusion, Ripple’s CTO, David Schwartz, confirmed that Britto really made the post. But Schwartz didn’t just stop there. He then joked about the possible reason behind Britto’s sudden tweet. He said he thinks Britto set up a “deadman switch” years ago—a kind of safety plan that would send private keys to him if Britto didn’t post for 15 years and forgot to turn it off. My favorite theory for @ahbritto 's mysterious post is that many, many years ago he set up a deadman switch to send the private keys to his XRPL accounts to me if he doesn't post for 15 years and he can't remember how to shut it off. — David 'JoelKatz' Schwartz (@JoelKatz) June 24, 2025 While the comment was clearly made in a funny tone, it gave the community something important, confirmation that Britto’s account was not compromised and the post was intentional. Why This Matters to the XRP Community Arthur Britto is seen as one of the most mysterious figures in Ripple’s history. He’s long been associated with the bold idea that XRP was “designed to reach $10,000.” His complete silence over the years only added to that mystery. So when he finally posted, it got everyone talking. Although his tweet wasn’t followed by any major announcement, it sparked hope and multiple theories about his return to the public eye. Is Something Big Coming? For now, Britto’s true reason for posting remains a mystery. Maybe it was a technical check-in, a private joke, or the start of something bigger.
The CME Group’s launch of XRP and Micro XRP futures has rapidly gained traction, accumulating over $542 million in trading volume since May 19, signaling robust market interest in regulated
The bill directs the first $300,000 from seized crypto to the Attorney General, with the remaining funds split between the state and reserve.
The post Chainlink Price Climbs on Mastercard Deal, But Can It Sustain Momentum? appeared first on Coinpedia Fintech News Chainlink has caught the market’s attention after the news around a strategic partnership with Mastercard that enables over 3 billion cardholders to purchase cryptocurrencies directly on-chain. The integration allows users to convert fiat to crypto seamlessly, with Chainlink’s technology verifying and synchronizing critical transaction data. The news sparked a strong rally in Chainlink price, resulting in a double-digit percentage spike as optimism surged around real-world adoption. However, after a promising surge, the momentum appears to be stalling just below a key resistance zone. Let us analyze what the technicals suggest for LINK’s next move. Chainlink Price Analysis: As of press time, LINK is trading around $13.30, with a +1.35% daily gain and a $9 billion market cap. Despite this strength, the 24-hour trading volume has fallen by 7.18% to $532.35 million. It is worth noting that the asset traded between $12.97 and $13.72 in the last 24 hours. Trading View The RSI at 63.28 is in bullish territory but approaching overbought levels, hinting at possible consolidation or retracement. LINK is hovering close to its immediate support at $13.30, a level LINK must hold to avoid downside pressure. A breach below this level could expose it to deeper corrections, targeting $12.80, failing which, it could plummet to $11. On the upside, a confirmed breakout above $13.73, followed by a push past $14.15, would invalidate the bearish bias and open the door to further gains. Until then, the bearish setup remains in play, with a short-entry zone between $13.35 and $13.40, and a stop-loss at $13.86 to manage risk. Also read our Chainlink (LINK) Price Prediction 2025, 2026-2030! FAQs Why did Chainlink price spike recently? Chainlink surged following its partnership with Mastercard, which enabled on-chain crypto purchases using fiat, showcasing its real-world adoption potential. Is LINK currently in a bullish or bearish trend? LINK faces short-term bearish pressure after rejection at $13.73, though macro fundamentals remain positive. What are the key levels to watch for traders? While the support is at $13.30, resistance lies at $13.73 and $14.15, respectively.