Japanese lawmakers question global Bitcoin reserve dynamics

The reform would enable banks to trade cryptocurrencies similarly to stocks and bonds, with regulations to ensure stability.

[DefiLlama: Over $220 Million in Tokens to Be Unlocked This Week] According to DefiLlama data, over $220 million in tokens will be unlocked this week, with the largest amount being $80 million in tokens unlocked by the TON project on October 23. (Cointelegraph)

[South Korea's Stablecoin Regulation Bill Expected to Be Submitted to Parliament by Year-End] Lee Bok-hyun, Chairman of South Korea's Financial Services Commission, stated during the National Assembly's Political Affairs Committee review on October 20 that the legislative proposal for the 'Virtual Asset User Protection Act (Phase Two),' which includes a stablecoin regulatory framework, has entered the final coordination stage. It is expected to be submitted to Parliament for review by the end of this year, while preparations for implementation details are also underway.

[Upbit to Suspend SEI Token Deposit and Withdrawal Services on October 23] Due to the Sei network upgrade, Upbit will suspend SEI token deposit and withdrawal services starting from 18:00 (Hong Kong time) on October 23, 2025, until network stability is confirmed and services are restored. During the suspension period, SEI token trading will not be affected. Users are advised to complete relevant operations in advance to avoid delays that may result in assets being unable to be processed normally.

[Bank of Japan Policy Board Member Hajime Takata Says Now Is the Best Time to Raise Interest Rates] On October 20, Bank of Japan Policy Board Member Hajime Takata stated that now is the best time to implement an interest rate hike. (Jin10)