Japan Plans to Classify Crypto as Financial Products, Cut Tax

Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments and Exchange Act. The plan would introduce mandatory disclosures for 105 cryptocurrencies listed on domestic exchanges, including Bitcoin (BTC) and Ether (ETH), and bring them under insider trading…

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AI investment: Samsung unveils $310 bn expansion; new chip plant and data centres anchor push

Samsung has announced a sweeping $310-billion investment plan over five years, aimed largely at expanding semiconductor and AI-enabling infrastructure as the global artificial intelligence boom drives unprecedented demand. The package, unveiled on Sunday, strengthens South Korea’s position as one of the world’s leading chip and AI hubs and builds on the country’s broader strategy to…

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BitMine Immersion Technologies stock dips with Ethereum post new CEO appointment

Key Takeaways BitMine Immersion Technologies’ stock declined after the appointment of new CEO Chi Tsang. The stock’s movement correlated closely with Ethereum’s price drop on the same day. Share this article BitMine Immersion Technologies’ stock declined today alongside Ethereum’s price drop following the company’s recent CEO appointment. The firm replaced its former CEO with Chi…

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