🔥🚨ASIA CRYPTO #WEEKLY RESET: REGULATION TIGHTENS, STABLECOINS FRAGMENT, ENFORCEMENT ESCALATES
🔹🇷🇺Russia reaffirmed cryptocurrencies like Bitcoin and Ethereum will never be legal tender, restricting usage strictly to investments.
🔹🇯🇵Japan plans a flat 20% crypto tax from 2028, aligning crypto gains with equity taxation and easing retail burden.
🔹Reserve Bank of 🇮🇳India rejected U.S./G7 stablecoin models, citing risks to monetary sovereignty and prioritizing the digital rupee (CBDC).
🔹🇰🇵North Korea-linked hackers stole $2.02B in crypto in 2025, dominating global crypto thefts.
🔹Norges Bank Investment Management backed Metaplanet’s Bitcoin treasury strategy.
🔹🇮🇳India approved Cøinbase minority stake in CoinDCX.
🔹SBI Holdings advanced a yen stablecoin, while Sberbank tested DeFi products.
🔹Do Kwon may face extradition to 🇰🇷South Korea after 🇺🇸U.S. sentencing.
🔹🇨🇳Chinese academics proposed stablecoin pilots in FTZs to boost cross-border finance.
SRC: Wu Blockchain
