Kamis, 11 Juni 2026

Japan crypto bill advances with ETF, tax reform path


CFTC rules could favor prediction markets + Digital Asset lands $355M for Wall Street blockchain rails	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

June 11, 2026

Your Daily Digest of the 🔥Hottest News in Crypto.

Today’s top stories

🇯🇵 Japan’s Lower House reportedly advances crypto market-structure bill
🎲 CFTC proposal could preserve election markets and permit many sports event contracts
🏦 Digital Asset raises $355M as institutions push deeper into tokenized securities infrastructure
📰 Keep reading for all of today’s biggest headlines

Japan crypto bill advances with ETF, tax reform path: Report

Japan’s Lower House has reportedly passed a bill that would move crypto assets closer to the country’s traditional financial instruments framework, potentially opening a path for crypto ETFs and a lower tax rate on digital assets. The bill would bring crypto under stricter trading rules, including disclosure requirements, tougher exchange oversight, insider trading restrictions and penalties for unregistered operators. If enacted after Upper House review, the framework is expected to take effect next year, while the crypto tax change could reportedly cut the current maximum rate of 55% to a flat 20% from 2028. The move would mark one of Japan’s clearest steps yet toward treating crypto as an investable financial market rather than only a payments sector.

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CFTC proposes framework favoring sports event contracts over gambling

The US Commodity Futures Trading Commission has proposed new rules for prediction markets that could allow many sports-based event contracts while preserving election markets and restricting contracts tied to outcomes that could encourage manipulation. The proposal distinguishes markets based on final scores, win-loss records and season statistics from games of pure chance, while saying contracts tied to injuries, officiating decisions or similar manipulable outcomes are unlikely to satisfy the public interest standard. The draft also clarifies that election contracts are not “gaming” under relevant federal laws, potentially reducing uncertainty for platforms such as Kalshi and Polymarket. The proposal is open for public comment for 45 days and could become a key framework for whether event contracts are treated as financial products or gambling.

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Digital Asset lands $355M as a16z doubles down on Wall Street blockchain rails

Digital Asset Holdings has raised $355 million in a new round led by Andreessen Horowitz’s crypto arm, valuing the company at around $2 billion and underscoring Wall Street’s continued push into permissioned blockchain infrastructure. A16z crypto reportedly contributed $100 million, with other backers including 7RIDGE, the Abu Dhabi Investment Authority, Citadel Securities and Optiver. The funds will be used to scale the Canton Network, Digital Asset’s blockchain for tokenizing and settling traditional securities while preserving privacy for institutional participants. The raise follows previous funding from major financial players and comes as banks, market makers and infrastructure firms increase pilots around tokenized securities, settlement and private institutional blockchain networks.

Does ‘Paper Bitcoin’ mean there’s an unlimited supply of BTC?

The feature examines the claim that “paper Bitcoin” — ETFs, futures, options, treasury-company shares, structured notes and other synthetic exposure — is suppressing Bitcoin’s price by creating an effectively unlimited supply of BTC. The article argues that the theory misstates how most of these products work. Spot Bitcoin ETFs and Bitcoin-holding public companies are described as access products that must custody or report real BTC, while derivatives are leverage products with counterparties rather than new Bitcoin supply. Experts quoted in the piece say derivatives can influence volatility, liquidations and short-term price action, but do not change Bitcoin’s 21 million supply cap or create unlimited net BTC.

The article also distinguishes market structure from fraud. It notes that unbacked exchange balances, such as historical fake balances on failed or error-prone platforms, are a different issue from regulated ETFs or derivatives markets. The overall point is that “paper Bitcoin” may be a useful shorthand for concerns about leverage, Wall Street financialization and manipulation, but it does not mean unlimited Bitcoin is being created and dumped into markets.