[Japan Plans to Allow Banks to Hold Bitcoin, Potentially Reshaping Its Position in Digital Finance] On October 21, Japan's Financial Services Agency plans to promote banks holding digital assets such as Bitcoin and allow them to register as cryptocurrency exchanges. If the bill passes, it will end the related ban in place since 2020. This move aims to provide banks with new investment channels while establishing a risk protection framework, enhancing Japan's position in the global digital financial system. Meanwhile, Sanae Takaichi is set to become Japan's first female prime minister, and her economic policies have sparked market enthusiasm, with the Nikkei Index hitting new highs for two consecutive days. Analysts believe that policy liberalization and political transition may usher in a new cycle for Asian asset structures. The future focus will be on regulatory details and the pace of banks entering the market.
24/7 Flashes
More >Glassnode:比特币未平仓合约减少30%杠杆风险下降
[Glassnode: Bitcoin Open Interest Decreases by 30%, Leverage Risk Declines] Recently, Bitcoin open interest has decreased by approximately 30%, alleviating the excess leverage in the market. Funding rates are near neutral levels, indicating a significant reduction in the market's vulnerability to further liquidation shocks. Overall, market risk has decreased. (Glassnode)
欧易将于10月24日下线多种永续合约
[OKX to Delist Multiple Perpetual Contracts on October 24] OKX has announced that it will delist the following perpetual contracts at 4:00 PM (Hong Kong Time) on October 24, 2025: TUSDT, SLPUSDT, OLUSDT, FLMUSDT, AVAAIUSDT, PERPUSDT, DOGSUSDT. Trading will cease, and all open orders will be canceled. The settlement price will be the arithmetic average of the OKX index in the hour prior to delisting. No funding fees or settlement fees will be charged during settlement. Users are advised to manage risks in advance. Accounts with a position value exceeding $10,000 will have temporary restrictions on asset transfers after settlement, which will return to normal after 30 minutes.
Hot search list: Binance Life's popularity rises
According to the popularity ranking, the popularity of Binance Life has increased by 410000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① Binance Life ($0.3115) ② COAI ($6.70,26.18%) ③ BIO ($0.09204,-27.01%) ④ MLN ($9.77,-17.41%) ⑤ ETH ($3870.03,-4.20%) The main selling force of Binance Life's funds is average, with a net outflow of $230800 within 24 hours and a transaction volume of $208000 within 24 hours, of which the main net inflow is $0.00.
Upbit将于10月21日恢复NOM币种存取服务
[Upbit to Resume NOM Token Deposit and Withdrawal Services on October 21] Upbit announced the completion of the NOM token swap and brand revamp and will resume NOM deposit and withdrawal services on October 21, 2025, at 19:00 (Hong Kong Time). The minimum deposit and withdrawal amounts are 50 NOM and 70 NOM, respectively, with a withdrawal fee of 70 NOM. Users should note that depositing NOM from exchanges that have not completed the token swap may result in delays or additional fees.
美国加密行业联盟致信CFPB,反对银行数据访问收费
[U.S. Crypto Industry Alliance Sends Letter to CFPB Opposing Bank Data Access Fees] On October 21, multiple U.S. crypto institutions, fintech companies, and retail organizations jointly sent a letter to the Consumer Financial Protection Bureau (CFPB), opposing the proposal by major banks to charge fees for data access. The alliance urged the preservation of consumers' rights to freely share financial data under Rule 1033, ensuring the connection between bank accounts and platforms such as crypto exchanges and stablecoin wallets. The alliance warned that banks' attempts to limit the scope of consumer representation and impose additional fees would weaken market competition, hinder financial innovation, and potentially cause the U.S. to fall behind other countries in the field of open banking. The letter emphasized that open banking rules are critical to the financial ecosystem and called on the CFPB to resist banks' attempts to charge fees for financial data access.