🇿🇦#SouthAfrica has moved from treating #bitcoin🕊️ as a gray-area asset to bringing it under its exchange control framework, requiring prior approval for cross-border crypto transfers and exposing non-compliance to sanctions. The 2026 Budget Speech announced draft regulations under the Currency and Exchanges Act to include crypto assets in the capital flow management regime, reversing a 2025 High Court ruling that crypto did not fall within exchange control rules.

JUST IN: Traditional financial firms are rapidly embracing crypto, Axios reports.

🇯🇵 BREAKING: Japan's "Tokenized Government Bonds & On-Chain Repo" working group includes some of the country's largest financial institutions: • MUFG Bank • Sumitomo Mitsui Banking Corporation • Mizuho Bank • BlackRock Japan • SBI Securities • Rakuten Securities • Tokio Marine Holdings Notably, Datachain, Inc. is listed among the blockchain-related organizations participating in the initiative. A significant step toward bringing tokenized government bonds into Japan's regulated financial ecosystem.

Japan just decided crypto deserves a proper seat at the table New laws incoming that treat digital assets like stocks Lower taxes on gains Clearer rules for traders and institutions Crypto ETFs becoming a real possibility Think about what this means for capital flows When the third largest economy in the world opens its doors properly to crypto that money has to go somewhere The plane takes off after the laws pass 👀 #Japan #CryptoRegulation #Bitcoin #CryptoETF #Cryptera

Plot twist: Hungary is undoing its crypto crackdown 🇭🇺🚨 After introducing strict rules that disrupted trading and pushed some platforms to suspend services, the government now says the measures went too far and plans to reverse them ⏪ Crypto regulation doesn't always move in one direction 🫨

🚨Japan is treating crypto more like traditional finance now. Crypto gains are moving from a heavy tax burden to a flat 20% rate, similar to stocks and bonds. Bitcoin and Ethereum will also fall under the same financial instrument framework used for securities. That means clearer rules, insider trading enforcement, tougher penalties for unregistered sellers, and possibly crypto ETFs in Japan as early as next year. This feels less like crypto being ignored by regulators and more like it being absorbed into the financial system.

📜 Crypto Tax Bills Hit Pushback in House Hearing A @WaysMeansCmte hearing on six Republican crypto tax bills exposed a lack of bipartisan consensus this week. Pro-crypto Democrats questioned proposals to exempt staking and mining rewards from taxable income, arguing it could unfairly favor crypto over traditional investments. Industry leaders, meanwhile, pushed to expand the bills to cover everyday crypto payments. With Democrats eyeing the House in November, party leaders suggested the bills may need to wait until after the midterms. Should staking and mining rewards be tax-exempt? #CryptoNewsZ #CryptoTax #Regulation #Crypto #Congress