
{"id":100307,"date":"2025-09-28T09:00:55","date_gmt":"2025-09-28T09:00:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=100307"},"modified":"2025-09-28T09:00:55","modified_gmt":"2025-09-28T09:00:55","slug":"crypto-in-asia-reshaped-by-trump-linked-wlfi-deal-indias-security-crackdown-uaes-tax-pact-and-japans-adoption-boom","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=100307","title":{"rendered":"Crypto in Asia Reshaped By Trump-Linked WLFI Deal, India\u2019s Security Crackdown, UAE\u2019s Tax Pact, And Japan\u2019s Adoption Boom"},"content":{"rendered":"<p>Crypto in Asia keeps gaining momentum. Another busy week in the Asian crypto landscape brings fresh partnerships, policy moves and cross-border shakeups.<\/p>\n<p>From Seoul to Abu Dhabi, crypto in Asia is setting new benchmarks for the cryptosphere. Here\u2019s what transpired this week.<\/p>\n<h2><strong>Trump-Backed WLFI Expands Crypto In Asia Through South Korea\u2019s Bithumb<\/strong><\/h2>\n<p>The South Korean crypto exchange Bithumb has partnered with World Liberty Financial (WLF), a US President Trump-linked crypto firm. The initiative aims to support the growth of decentralised finance (DeFi) worldwide.<\/p>\n<p>According to the <a class=\"general-link\" href=\"https:\/\/feed.bithumb.com\/press\/1650024\" target=\"_blank\" rel=\"noopener\">official statement<\/a> released on 23 September 2025, the deal aims to explore business opportunities in the DeFi space while also securing investor confidence.<\/p>\n<p>Commenting on the partnership, Bithumb CEO Lee Jae-won stated, \u201cThis collaboration with WLF will be a significant milestone in enhancing Bithumb\u2019s global competitiveness. We will continue to strengthen our strategic network going forward.\u201d<\/p>\n<p>A memorandum of understanding (MoU) was signed at Bithumb\u2019s headquarters in Seoul, with senior leaders from both companies, including WLF Co-Founder Zak Folkman, present at the event.<\/p>\n<p> Big news in Korea! <a href=\"https:\/\/twitter.com\/hashtag\/bithumb?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#bithumb<\/a> just signed an MOU with World Liberty Financial (<a href=\"https:\/\/twitter.com\/hashtag\/WLFI?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#WLFI<\/a>)  founded by Trump\u2019s family. <a href=\"https:\/\/twitter.com\/search?q=%24WLFI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$WLFI<\/a>, issuer of the $3B stablecoin <a href=\"https:\/\/twitter.com\/hashtag\/USD1?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#USD1<\/a>, recently listed on Bithumb &amp; Upbit. This partnership aims to boost global trust &amp; unlock new business\u2026 <a href=\"https:\/\/t.co\/23yIQcFyem\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/23yIQcFyem<\/a><\/p>\n<p>\u2014 WLFI47 (@WLFI47) <a href=\"https:\/\/twitter.com\/WLFI47\/status\/1970327101300425011?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 23, 2025<\/a><\/p>\n\n<p>This partnership comes after Bithumb\u2019s CEO, Lee, met with Eric Trump, Co-Founder of WLF and President Trump\u2019s second son at the Hong Kong Bitcoin Asia 2025 event in August.<\/p>\n<p>The two firms aim to speed up the launch and use of DeFi products. Further to this, Bithumb also mentioned that it is exploring a separate partnership with the USDC stablecoin issuer, Circle, to support its global growth plans.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\">Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\n<h2><strong>India Implements Strict New Rules To Combat Rising Digital Fraud Cases<\/strong><\/h2>\n<p>The Reserve Bank of India (RBI) has introduced new rules to make digital payments in the country more secure in the wake of rising fraud cases.<\/p>\n<p>The <a class=\"general-link\" href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/notification\/PDFs\/NT79258FF36ECA8F4886B3B01F55D166C2B2.PDF\" target=\"_blank\" rel=\"noopener\">new guidelines<\/a> were released on 25 September 2025 and have mandated stricter authentication for all digital transactions in India. All banks and payment companies must implement these rules by 1 April 2025.<\/p>\n<p>The updated framework builds on the existing two-factor authentication system but adds a requirement for at least one dynamic security check, including a one-time password, biometric scan or hardware token.<\/p>\n<p>These dynamic security checks will change with each transaction, helping prevent credentials from being reused or stolen. These rules also apply to international payments made with Indian cards.<\/p>\n<p>The Reserve Bank of India (<a href=\"https:\/\/twitter.com\/RBI?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@RBI<\/a>) releases new guidelines on authentication for <a href=\"https:\/\/twitter.com\/hashtag\/digital?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#digital<\/a> payment transactions, set to take effect from April 1, 2026. <\/p>\n<p>The framework mandates two-factor authentication for all digital payments, though no specific method is enforced. <\/p>\n<p>The central\u2026 <a href=\"https:\/\/t.co\/NH7xKuMmzm\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/NH7xKuMmzm<\/a><\/p>\n<p>\u2014 All India Radio News (@airnewsalerts) <a href=\"https:\/\/twitter.com\/airnewsalerts\/status\/1971259201076023667?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 25, 2025<\/a><\/p>\n\n<p>Moreover, all authentication methods must comply with India\u2019s Digital Personal Data Protection Act, 2023 and must function smoothly across devices and platforms.<\/p>\n<p>According to the RBI, these new guidelines are designed to keep up with evolving technology while protecting users and maintaining trust in the financial system.<\/p>\n<p>With the new guidelines, the RBI is encouraging companies to use smart checks based on user behaviour, extra verification and DigiLocker, a secure digital platform for storing and accessing important personal documents online.<\/p>\n<p>Additionally, the RBI has also set a timeline for international compliance. By October 2026, card issuers must register their Bank Identification Numbers with global card networks.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n<h2><strong>UAE Joins Global Pact For Automatic Crypto Tax Data Sharing <\/strong><\/h2>\n<p>The UAE has committed to global crypto tax transparency by signing an international agreement under the OECD\u2019s (Organisation for Economic Co-operation and Development) Crypto Asset Reporting Framework (CARF).<\/p>\n<p>CARF enables countries to automatically share tax-related data on crypto transactions, helping improve oversight and reduce tax evasion.<\/p>\n<p>The decision was <a class=\"general-link\" href=\"https:\/\/mof.gov.ae\/uae-signs-multilateral-competent-authority-agreement-on-the-automatic-exchange-of-information-under-the-crypto-asset-reporting-framework\/\" target=\"_blank\" rel=\"noopener\">announced <\/a>on 20 September 2025 by the UAE\u2019s Ministry of Finance (MOF) to align the country\u2019s digital asset policies with international tax standards.<\/p>\n<p>According to the MOF, plans are in place to implement the framework in 2027, with the first exchange of information expected in 2028.<\/p>\n<p> JUST IN: UAE is implementing a Corporate Advanced Reporting Framework (CARF) to increase transparency for cross-border financial activities, including crypto and tokenized assets.<\/p>\n<p>RWA hub or tax trap? Time will tell. <a href=\"https:\/\/t.co\/rPiJjeVyoK\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/rPiJjeVyoK<\/a><\/p>\n<p>\u2014 Real World Asset Watchlist (@RWAwatchlist_) <a href=\"https:\/\/twitter.com\/RWAwatchlist_\/status\/1970192760687792437?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 22, 2025<\/a><\/p>\n\n<p>Pre-emptively, to get ready for the new crypto tax rules, the UAE has started public consultation to hear from key players in the industry, including exchanges, custodians, traders and advisors.<\/p>\n<p>The feedback window on this kicked in on 15 September 2025 and will be active till 8 November.<\/p>\n<p>The UAE is one of the 50 countries that plan to adopt CARF and aims to create a global system for sharing crypto tax data. Other countries on board include New Zealand, Australia and the Netherlands.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\">9+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/a><\/strong><\/p>\n<h2>Crypto In Asia: Japan\u2019s Policy Reforms See Crypto Adoption Increase by 120%<\/h2>\n<p>Regulatory modernisation and policy reforms have resulted in Japan posting a 120% year-over-year increase in crypto adoption.<\/p>\n<p>According to Chainalysis\u2019s Geography of Cryptocurrency <a class=\"general-link\" href=\"https:\/\/www.chainalysis.com\/blog\/asia-pacific-crypto-adoption-2025\/#:~:text=Japan's%20crypto%20momentum%20fueled%20by%20regulatory%20shifts&amp;text=On-chain%20value%20received%20grew%20120%25%20in%20the%2012%20months,%2C%20and%20Vietnam%20(55%25).\" target=\"_blank\" rel=\"noopener\">Report<\/a>, this growth reflects Japan\u2019s efforts to align crypto rules with traditional finance, including the approval of its <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/japans-first-yen-backed-stablecoin-poised-for-approval-this-fall\/\" target=\"_blank\" rel=\"noopener\">first Yen-pegged stablecoin<\/a> and reduced tax burdens for crypto traders.<\/p>\n<p><a class=\"general-link\" href=\"https:\/\/www.chainalysis.com\/blog\/asia-pacific-crypto-adoption-2025\/#:~:text=Japan's%20crypto%20momentum%20fueled%20by%20regulatory%20shifts&amp;text=On-chain%20value%20received%20grew%20120%25%20in%20the%2012%20months,%2C%20and%20Vietnam%20(55%25).\" target=\"_blank\" rel=\"noopener\"><\/a><\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/www.chainalysis.com\/blog\/asia-pacific-crypto-adoption-2025\/#:~:text=Japan's%20crypto%20momentum%20fueled%20by%20regulatory%20shifts&amp;text=On-chain%20value%20received%20grew%20120%25%20in%20the%2012%20months,%2C%20and%20Vietnam%20(55%25).\" target=\"_blank\" rel=\"noopener\">Chainalysis Report<\/a>)<\/p>\n<p>Global market trends, especially post the US election trading spikes, also influenced the surge in adoption.<\/p>\n<p>While Japan\u2019s crypto market remains subdued compared to its regional peers, Bitbank\u2019s Chief Business Development Officer, Atsushi Kuwabara, expects upcoming policy changes to further boost crypto usage and adoption in the country.<\/p>\n<p> <a href=\"https:\/\/twitter.com\/search?q=%24NETX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$NETX<\/a> Japan roadmap is here <\/p>\n<p>\u2013 Migration complete<br \/>\u2013 219M+ tx at 15k+ TPS<br \/>\u2013 Stablecoin API + SWIFT chain coming <br \/>\u2013 Japan = Asia hub for RWA growth (+120% YoY)<br \/>\u2013 Netstars commitment<\/p>\n<p>Big step from building \u2192 adoption.  <a href=\"https:\/\/twitter.com\/hashtag\/NETX?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#NETX<\/a> <a href=\"https:\/\/twitter.com\/netx_world?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@netx_world<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/rwa?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#rwa<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ai?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#ai<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#crypto<\/a> <a href=\"https:\/\/twitter.com\/NetXJag?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@NetXJag<\/a> <a href=\"https:\/\/t.co\/vbq91gYKU6\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/vbq91gYKU6<\/a><\/p>\n<p>\u2014 trevin (@lockedtrevin) <a href=\"https:\/\/twitter.com\/lockedtrevin\/status\/1971290355426607464?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 25, 2025<\/a><\/p>\n\n<p>Across the Asia-Pacific, countries like South Korea, India and Indonesia also saw strong growth, with stablecoins playing a key role, signalling a shift towards mainstreaming crypto integration in the region.<\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p>        WLFI partnered with South Korean crypto exchange Bithumb to expand DeFi worldwide    <\/p>\n<p>        India\u2019s RBI introduced new guidelines for domestic and international payment firms and banks to curb rising digital fraud cases    <\/p>\n<p>        The UAE joined an international pact under the OECD\u2019s CARF to automatically share tax-related data on crypto transactions    <\/p>\n<p>        Japan sees a 120% year-over-year growth in crypto adoption due to policy modernisation and reforms    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-in-asia-reshaped-by-trump-linked-wlfi-deal-indias-security-crackdown-uaes-tax-pact-and-japans-adoption-boom\/\">Crypto in Asia Reshaped By Trump-Linked WLFI Deal, India\u2019s Security Crackdown, UAE\u2019s Tax Pact, And Japan\u2019s Adoption Boom<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Crypto in Asia keeps gaining momentum. Another busy week in the Asian crypto landscape brings fresh partnerships, policy moves and cross-border shakeups. From Seoul to Abu Dhabi, crypto in Asia is setting new benchmarks for the cryptosphere. Here\u2019s what transpired this week. Trump-Backed WLFI Expands Crypto In Asia Through South Korea\u2019s Bithumb The South Korean [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-100307","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100307"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100307"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100307\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}