Bitcoin and Ethereum prices surged over 5% following a meeting between Trump and Xi Jinping, which has sparked optimism for easing U.S.-China trade tensions. This geopolitical development has positively influenced market sentiment, driving significant gains in major cryptocurrencies.
In Japan, the Financial Services Agency is contemplating regulatory reforms that could permit banks to hold Bitcoin. This move could further integrate cryptocurrencies into the traditional financial system, reflecting a shift in regulatory attitudes towards digital assets.
Meanwhile, DeFi developer Roman Storm has raised concerns about potential U.S. legal risks associated with open-source privacy tools. This highlights the ongoing regulatory challenges facing decentralized finance platforms as they navigate complex legal landscapes.
Trump-Xi Meeting Fuels Crypto Surge; Japan Eyes Bank Bitcoin Holdings
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