Japan's Financial Services Agency proposes to include crypto assets in the Financial Instruments and Exchange Act, which could enable Bitcoin ETFs
If approved, the move would also reduce the tax rate on cryptocurrency gains to 20% from the current cumulative rate of up to 55%.
Turkey is rolling out strict new crypto rules requiring platforms to collect details on the source and purpose of each transaction and provide mandatory descriptions and mandatory withdrawal delays
Stablecoin transfers will be capped at $3,000 per day and $50,000 per month as the country moves to align with global standards and combat financial crime.