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Japan proposes lightweight legislation for crypto intermediaries, beyond exchanges – Ledger Insights – blockchain for enterprise

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Japan proposes lightweight legislation for crypto intermediaries, beyond exchanges – Ledger Insights – blockchain for enterprise

Japan is mulling new lightweight legislation for cryptocurrency intermediaries that are not crypto exchanges. Last week the Financial Services Agency (FSA) presented its ideas to the Financial System Council Working Group on Payment Services.

Japan was home to the Mt Gox cryptocurrency exchange that was hacked in 2011 and 2014. As a result, the country was ahead of most, introducing legislation for crypto asset exchange service providers (CAESPs) in 2017. This covers the sale and purchase of crypto, acting as a broker, managing money related to these services or providing custody. However, many so-called introducers who don’t operate crypto exchanges don’t consider themselves as CAESPs.

The FSA gave the example of a games app or self hosted wallet providing access to a third party app for crypto trading services and then switching back to the original app. In many cases, the FSA might consider the app operator is acting as an intermediary and hence it needs to register as a crypto exchange. However, it recognizes this is quite onerous if an organization is purely acting as an introducer and never touches any money.

Hence, it is considering lighter proposals that require them to register as intermediaries. The introducer would be obligated to provide information to users. They’d be subject to advertising restrictions, and potentially liable for damages if something goes wrong.

The FSA mulled how do deal with damages. Current regulations for other financial services intermediaries that are not part of a larger group require a security deposit to cover potential damages. Where the intermediary is affiliated with a cryptocurrency exchange, the damages could be borne by the exchange.

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XRP Price Has 46% Upside Potential After Ripple's Acquisition of First Dubai License, This AI-Powered Cloud Mining Platform Predicts

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XRP Price Has 46% Upside Potential After Ripple's Acquisition of First Dubai License, This AI-Powered Cloud Mining Platform Predicts

Middlesex, UK, March 28, 2025 (GLOBE NEWSWIRE) — One of the most lucrative but lesser-used methods is cloud mining, whereby the users have the potential to earn handsome rewards without investing a great deal of money in rigs or mastering intricate technical expertise. Imagine starting out with just $100 and increasing your profit to $10,0000 using an automated system—this is what new DeFi mining sites like KSDMiner offer.

The first choice for investment among global cryptocurrency users

As Ripple receives its first Dubai license, analysts predict XRP to soar by 46% as one of the most sought-after investments in 2025. As Dubai turns into a crypto-friendly hub, institutional demand for XRP is on the rise, leading to higher trading volumes and adoption. But savvy investors are not just sitting around waiting for price hikes—they’re earning passive income every day through AI-powered cloud mining.

One platform leading the charge is KSDMiner, a cutting-edge cloud mining service that allows XRP holders to turn their holdings into a high-yield passive income stream. By leveraging AI-powered mining, investors can earn steady profits while waiting for XRP’s price boom.

KSD Miner’s top global official platform: the most stable investment platform, one-click registration

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Click to download the KSD Miner official app and control your financial freedom anytime, anywhere

 

The Ripple Effect: How Dubai’s Crypto Licensing Boosts XRP

Ripple’s first-of-its-kind Dubai license is a milestone for the XRP community. As Dubai becomes a worldwide crypto hub, this move is set to onboard institutional investors and financial institutions into the market, resulting in increased demand for XRP. Analysts expect this regulatory milestone to usher in a 46% price increase for XRP in the coming months.

Instead of relying solely on price appreciation, investors are today turning to cloud mining services like KSDMiner to get the highest returns while holding XRP. This approach not only ensures daily payments but also provides constant returns regardless of market fluctuations.

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Why KSDMiner is the Best Passive Income Solution for XRP Investors

KSDMiner is a cloud mining solution that uses AI to eliminate the barriers of traditional crypto mining. Established in 2016, it operates over 100 mining farms globally and is serving a community of 8.53+ million investors distributed across 195 countries.

Key Features of KSDMiner:

  • ● AI-Optimized Mining – Optimal returns via automated mining methods.
  • ● Daily Passive Income – Regardless of the market, assured payments every day.
  • ● No Hardware Needed – Completely cloud-based; no need for expensive mining rigs.
  • ● Eco-Friendly Operations – It takes advantage of renewable energy sources to achieve sustainable mining.
  • ● Secure & Transparent – It employs high-level encryption and two-factor authentication (2FA) for secure assets.

The Power of Wealth Generation with KSDMiner

Cloud mining presents a different way to generate wealth, and KSDMiner has developed investment plans that are compatible with different financial goals. The platform provides investors with the chance to compound their returns, building small deposits into substantial passive income.

Example: How an XRP Investment Grows Over Time

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Investment Plan Initial Investment Daily Return Earnings After 30 Days Earnings After 60 Days Earnings After 100 Days
Starter Plan $100 6% $574.35 $3,299.39 $100,000+
Enhanced Plan $500 6.5% $3,321.94 $21,991.94 $100,000+
Premier Plan $1,000 7% $6,737.00 $45,254.00 $100,000+

Note: These figures are based on compounding reinvestments and are for illustrative purposes only.

How to Register & Start Mining with KSDMiner

It is easy to register with KSDMiner and only takes a few minutes. Follow these steps:

  • ● Register: Visit the official KSDMiner website and complete the one-click registration.
  • ● Download the App: Compatible with iOS and Android for easy mobile use.
  • ● Choose a Mining Plan: Choose an investment plan according to your financial requirements.
  • ● Make a Deposit: Fund your mining contract with XRP, Bitcoin, Ethereum, Dogecoin, or USDT.
  • ● Start Mining: The AI-powered mining system will get activated automatically.
  • ● Monitor & Reinvest: Check your returns and reinvest to increase your earnings exponentially.

 

KSDMiner’s Track Record & User Benefits

Since its introduction in 2016, KSDMiner has established itself as a reputable brand in cloud mining, enabling investors to earn reliable passive income without the hassle of conventional mining.

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Why Investors Trust KSDMiner:

  • ● Immediate $10 sign-up reward
  • ● No concealed fees or maintenance charges
  • ● Affiliate program with up to $3,000 in referral rewards
  • ● Daily guaranteed payouts and high profitability
  • ● 24/7 customer support and premium security
  • ● Sign Up or Download the App Today!

If you’re looking to maximize your XRP holdings and start earning passive income, then KSDMiner is your best option. Join thousands of investors who are making high returns through cloud mining!

Sign up now with one-click registration and start mining today!

 

Final Thoughts

With Ripple gaining its first license in Dubai, XRP is ready for massive profits, but waiting for price surges isn’t the only way to make money. KSDMiner artificial intelligence-based cloud mining platform brings passive income on a daily basis, making it the best method for long-term investors.

Don’t have your XRP sit idle—start cloud mining now and take charge of your financial future!

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Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involves risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.


            
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Bitcoins, Physical Cryptocurrency in Stack’s Bowers Spring 2025 Showcase Auction

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Bitcoins, Physical Cryptocurrency in Stack’s Bowers Spring 2025 Showcase Auction

Stack’s Bowers Galleries is announcing the Physical Bitcoin and Cryptocurrency Session of their Spring 2025 Showcase Auction, hosted live on Thursday, April 3 at 9:00 AM PDT (12:00 PM ET).

Presented are more than 60 crypto lots that span from the classic Casascius and Lealana rarities of the early 2011-2014 period, to more modern collector favorites from the BTCC, BlueBits, Kialara, Alpen Coin, Satori, Polymerbit, and other series. This sale is also significant for marking the firm’s fourth Spring Showcase Auction to feature a dedicated crypto offering since they entered the category in 2021.

2012 Casascius “Bitnickel” 5 Bitcoin. Loaded. Firstbits 1CSuAt6o. Series 2. Nickel Brass. MS-66 (PCGS). Image: Stack’s Bowers/ Adobe Stock.

The sale begins with a strong selection of rarities from the Casascius series highlighted by a magnificent 5 Bitcoin graded MS-66 (PCGS). This is accompanied by many other collector favorites such as silver examples of the 0.1 Bitcoin and 0.5 Bitcoin, as well as a selection of brass 1 Bitcoin pieces including the prized 2011 “Error” variety.

The sale also features a strong offering of coins from the BTCC series, consistently one of the most prized among collectors. There are examples of four different Poker Chip denominations highlighted by a 0.1 BTC Black Chip, as well as a range of Redeemed examples including a 0.025 BTC Green Chip and a Titanium 0.5 BTC.

The Lealana series is represented by a wide range of types from the classic 2013 issues such as rare three-piece set of silver coins (including a legendary “Gold B” 1 Bitcoin), a Pattern 0.5 BTC with experimental finish, and more modern favorites like the Grim Reaper and King Kam issues.

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The Spring 2025 Showcase Auction is currently posted at StacksBowers.com for viewing and pre-sale bidding. The live Physical Cryptocurrency session will be held on Thursday, April 3 at 9:00 AM PDT (12:00 PM ET). Stack’s Bowers Galleries also invites consignments to their June 2025 Cryptocurrency Auction which will be promoted at the firm’s booth at the 2025 Bitcoin Conference in Las Vegas, Nevada, May 27 through 29.

For questions about the Spring Crypto auction or to consign your coins to a future sale, contact Stack’s Bowers Galleries at [email protected] or 800-566-2580.

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You’ve Seen These Words. You Have No Idea What They Mean. Unfortunately, You Really Need To Now.

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You’ve Seen These Words. You Have No Idea What They Mean. Unfortunately, You Really Need To Now.

This is part of Trump’s Great American Crypto Scam, a series about the catastrophic collision between the second Trump administration and the wild world of cryptocurrency. Read it all here.

Crypto is hard to talk about. Not in that it’s an emotionally heavy subject—it very much is not—but in that crypto people have, in the span of just a few years, created an entire new cottage industry of jargon that is exhausting to follow. If you are not totally enmeshed in the world of crypto, then first, congratulations. But second, you may find it useful to know a few of the terms that tend to fly around during conversations about crypto and its connoisseurs.

cryptocurrency (noun)—Electronic money, basically. Cryptocurrency is different from regular money in that it lacks the backing of either some precious metal (like gold) or the full faith and credit of a country. It does have a ledger of transactions in a place (the blockchain) where everyone can see how it has changed hands (if not exactly to whom).

What gives cryptocurrency value if not physical or governmental backing, then? For now, not much, other than the belief that other people will ultimately want to buy it. (It can get a little more complicated. See: stablecoin (noun).)

blockchain (noun)—The place where records of crypto transactions are kept, like a bank statement, but for crypto. One thing that makes cryptocurrency so different is that because it is on the blockchain, the transaction list is accessible to anyone who knows how to peruse it. (Actually, though, navigating to a blockchain explorer is a bit like putting a fire hose in your mouth.)

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But to back up even further, the creation of the blockchain is what enabled cryptocurrency’s existence. To not get too computers about it, the blockchain is a digital record that cannot be hacked or changed, even though it is accessible. Its creation in 2009 was heralded as a breakthrough for important innovations like unhackable elections and recordkeeping, but it also established a system that could essentially work to undergird the basis of an online monetary system, aka cryptocurrency.

Bitcoin (noun)—The main cryptocurrency and the one that the most people are willing to buy at any given time. Its creator is an anonymous white paper author who goes by the name Satoshi Nakamoto. A Bitcoin is worth about $80,000 these days, give or take, though it crossed $100,000 for the first time in 2024. It goes up and down a lot, but if you were to pick one direction over its history to date, it’s definitely been up.

Coinbase (noun)—The most prominent American crypto exchange, run by Brian Armstrong. Like a bank for crypto. Publicly traded, which makes its operations more transparent than most of its peers’. Not especially decentralized, despite its CEO’s constant reminders that crypto is decentralized.

crypto exchange (noun)—A hub for people to put their crypto, and where the exchange takes over the management of that crypto. A way to own crypto without having to think too much about the mechanics of it or risk losing it (unless the exchange turns out to be fraudulent, as some have, in which case customers without any insurance may lose their deposits). Think of a crypto exchange as the bank and the blockchain as the vault.

NFT (noun)—Some digital thing that is minted as being a novelty—not unlike a special-edition baseball card with only one copy made. The market has cooled a lot since NFTs went mainstream in early 2021. Some are sort of passable as being real, unique things (like specially coded NBA highlight videos on digital cards, licensed by the NBA), while other NFTs bear no connection to the object being represented and amount to pure theft. Related to crypto in that people tend to buy NFTs with crypto, and NFTs draw on crypto tech like blockchains.

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tokenize (verb)—To take a real thing and embody it in a token. As in: My name is Alex, and I could tokenize myself by launching AlexCoin. Would you buy me?

Bitcoin mine (verb)—To drain the world’s power grids so that some guys can get more Bitcoins after they are launched into circulation. The actual act of mining involves computer whizzes trying to solve a numerical puzzle; the first miner to solve it gets the newly created Bitcoin.

Ethereum (noun)—Another cryptocurrency. It’s the Scottie Pippen to Bitcoin’s Michael Jordan. As a piece of crypto technology, its people like the term digital vending machine, because it automates the process of paying for something, eliminating the need for a middleman. Most crypto is a payment object, but Ethereum is also a payment process.

stablecoin (noun)—A crypto token whose value is pegged to something else, like a currency.

Tether (noun)—The biggest stablecoin, pegged to the U.S. dollar. In case the U.S. dollar wasn’t working for you.

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pump and dump (noun, verb)—The practice of owning an asset, talking it up, and selling it at an inflated price to the losers who believe you. Historically popular with stocks (see: GameStop) but now a real boom sector in crypto. Because in crypto, the literal creators of coins can be the ones doing it. See: “Hawk Tuah” Girl, the twentysomething who tried to capitalize on her viral fame by launching a crypto project that quicky fell apart. (She claims she didn’t personally sell any holdings, but some major holders made a few million dollars off the whole thing.)

rug pull (noun, verb)—In crypto, often the dump part of pump and dump, when a coin’s developers exit the project and leave poor saps holding worthless junk.

shit coin/meme coin (noun)—A crypto token that has no animating ideology behind it other than to have a little fun. Can morph into a regular-ish coin with enough momentum (see: the next item on this list).

Doge (cryptocurrency) (noun)—Dogecoin is a crypto token (not exactly a cryptocurrency, in that I’m not aware of many people dreaming about using it as currency) based on a picture of a dog that got really hot during the GameStop/AMC meme stock mania of early 2021. The dog looks like this:

@kabosumama

The coin has hung around, thanks in part to publicity from celebrities like Elon Musk. It is currently valued at about 20 cents, which is not that much.

DOGE (pseudo–governmental entity) (noun)—Elon Musk’s crew of often unqualified and sometimes wildly racist underlings who began torching the federal government as the Department of Government Efficiency in winter 2025. Not related to the coin, but the acronym isn’t a coincidence.

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Poloniex (noun)—A crypto exchange that lost $120 million in a hack in 2023. Put your money wherever you want. It’s not my money! But yes, this kind of thing can happen.

World Liberty Financial (noun)—A crypto venture designed to migrate money from enthusiastic supporters of Donald Trump to the president and his business associates. It created both the Trump coin and the Melania coin, both of which launched soon after the inauguration and are largely viewed as a money grab.

Tron (noun)—A blockchain that works kind of like Ethereum, with its “smart contract” functionality. But also: founded by a guy whom the Securities and Exchange Commission has accused of a variety of financial misdeeds, including fraud.

broligarchy (noun)—Slang for Silicon Valley guys who think they should be the world’s molders. As of early 2025, their project had momentum. (See: Musk, Elon, and the All-In podcast, which features a co-host who is a South African investor—and now the White House’s A.I. and crypto “czar.”)

Fairshake (noun)—Just some crypto professionals who believe that their industry deserves a fair shake! In reality, this is an industry super PAC that wants favorable crypto laws and regulations. It spent about half the corporate money of the entire 2024 election cycle to make sure the industry would get them.

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Securities and Exchange Commission (noun)—A governmental agency that at one point was hostile to crypto but now lets crypto companies do whatever they want.

Federal Trade Commission (noun)—An agency that was very hawkish on antitrust and consumer protections during the Biden administration. Has a webpage on how to spot crypto scams, which hasn’t yet been taken down, but stay tuned.

Consumer Financial Protection Bureau (noun)—Federal agency signed into creation by Barack Obama, with the idea being that it would protect consumers from scams. For some reason, the crypto industry doesn’t like it. It’s been one of DOGE’s first targets, and its survival is the subject of ongoing litigation.

This work is made possible by Slate Plus. Please consider supporting our coverage of the second Trump administration—we won’t even make you pay in $bwainwuhm.

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