2024PUMP narxPUMP

Japan’s Financial Services Agency (FSA) plans to propose a new set of rules classifying cryptocurrencies officially as “financial products,” according to a Nikkei report . This move would also expand existing insider trading restrictions to explicitly cover digital assets. The proposed bill aims to revise the country’s Financial Instruments and Exchange Act , with submission to the Japanese parliament expected as early as 2026 Currently, cryptocurrencies including Bitcoin primarily fall under Japan’s Payment Services Act, which mainly regulates them as a means of payment . The proposed changes, however, would reposition them legally as investment products, albeit distinct from traditional securities like stocks or bonds. This regulatory shift follows growing concerns voiced by regulators regarding crypto-related fraud and potential insider trading activities within the digital asset market. This potential move aligns Japan with developing global regulatory trends aimed at bringing crypto markets under a more established financial oversight. The European Union’s comprehensive Markets in Crypto-Assets (MiCA) framework, for instance, already explicitly prohibits insider trading involving crypto-assets. In the US, the Securities and Exchange Commission (SEC) notably charged a former Coinbase product manager back in 2022 with insider trading related to crypto asset listings. Related: Ripple’s RLUSD Stablecoin Could Enter Top 5 by 2025, Says Analyst Additionally, the global standard-setting body IOSCO (International Organization of Securities Commissions) recommended in 2023 that its member jurisdictions apply existing insider trading rules to crypto markets worldwide. As against these, Japan’s crypto market has also seen significant user growth, with over 7.34 million active trading accounts as of January—more than triple the number from five years ago. This surge is partly driven by smartphone-based trading platforms. Alongside reclassifying the assets, the FSA also plans stricter rules for companies involved with offering crypto investments or services. These firms would likely need to register with Japanese authorities, potentially regardless of their physical location, though cross-border enforcement presents inherent challenges. Key specifics, such as precisely which types of crypto assets fall under the new rules and the exact mechanisms of the insider trading restrictions, will be finalized by the FSA in the coming months. Notably, this regulatory focus on treating crypto as a financial product for investment and trading purposes contrasts with the Japanese government’s stated position last December regarding Bitcoin as a reserve asset. Related: Pump.fun Fall: 83% Drop in Protocol Fees and 75% Decline in Daily Trading Volume At that time, Prime Minister Shigeru Ishiba’s administration responded negatively to a proposal suggesting Japan convert some of its substantial foreign exchange reserves into Bitcoin. The government stated then that cryptocurrencies did not fit its current strategy for managing the nation’s official financial reserves. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Agreed. Dip and pump 10-11k?

Can someone make $REZ great again from here ? Looks like a nice scam pump setup incoming, I am long & afraid lol

Once you see that this entire space is just people shilling so you'll pump their bags, you can't unsee it

Pump.fun, a platform central to Solana’s meme coin boom last year, continues to see sharp declines in protocol fee revenue and overall trading volume. Current data reveals a stark difference from its peak activity earlier in 2025. As of March 28, Pump.fun’s protocol fee revenue stands at $1.2 million, according to data from DefiLlama. This is a significant drop from January, when the revenue was $7.07 million. Specifically, this marks an 83% decline from the all-time high in just three months. While this marks a slight improvement from a low near $671k reported just last week, the steep decline highlights a significant contraction in user activity. The platform now faces considerable loss in both revenue and market presence within the Solana meme coin ecosystem. Related: Pump.fun: Here’s Why We Launched Our Own DEX, PumpSwap Meanwhile, trading volume on Pump.fun has also experienced a steep decline. As of Friday, the daily volume stood at $97.21 million, compared to $390.3 million in January. This marks a more than 75% decrease from its peak. The decline in Pump.fun’s revenue and trading volume is part of a broader slowdown in the meme coin market, which had seen massive growth in 2024. A report by Binance revealed that meme coins were the top-performing crypto sub-sector in 2024, with average gains of over 212%. Solana became the go-to blockchain for meme coin trading, and Pump.fun played a key role. In 2024, Pump.fun facilitated the launch of over 5.7 million new meme coin projects and generated more than $400 million in revenue. Related: Solana-Based Pump.fun Becomes Top Player in Meme Token Deployment However, market sentiment seems to have shifted significantly in 2025. Many now view the sector, initially popular for perceived “fair launch” opportunities, as increasingly fraught with fraud and manipulation risks. Adding to the platform’s woes, Pump.fun itself was recently compromised. On February 26, the platform’s official Pump.fun X account was hacked and used to promote fraudulent tokens, including a fake governance token named PUMP. Related: Pump.fun Hit With Class Action Lawsuit, Accused of Securities Violations Separately, Pump.fun became the target of investor lawsuits starting in January. One suit alleges the platform’s easy token launch process facilitated the creation and promotion of unregistered securities, claiming influencers were used misleadingly, resulting in investor losses. That suit seeks rescission of token purchases, damages, and attorney’s fees. This followed a similar earlier lawsuit which, in addition to alleged securities law violations, also accused Pump.fun of allowing the promotion of inappropriate content via its platform. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.