1 Dec 2025, 09:55

Sony Bank to launch US dollar pegged stablecoin to power payments in 2026

Sony Bank plans to launch a stablecoin pegged to the US dollar as early as 2026. Sony Bank, which is a subsidiary of Sony Financial Group Inc. and part of the broader Sony Group, is reportedly planning to integrate its stablecoin within its global entertainment ecosystem, including services such as gaming, streaming, and anime, according to Nikkei. Sony users to pay using stablecoins Up until now, US customers who used Sony’s entertainment services were able to pay for subscriptions and content primarily via credit cards or traditional payment methods. But with the launch of its stablecoin, the company expects to offer a faster and lower-cost alternative for users to make purchases across its platforms, the report said . For Sony Group, the US remains a major market that accounted for over 30% of its total external revenue for the fiscal year ending March 2025, and with the introduction of a supportive regulatory environment championed by pro-crypto President Donald Trump, Sony hopes to capitalize on the momentum. The Trump administration signed the GENIUS Act into law in July, which paved the way for regulated issuance of payment stablecoins under a clear federal framework. Since its passage, the market for stablecoins in the country has continued to flourish, with a rapidly expanding list of institutions like Sony Bank now entering the space. Sony Group began exploring stablecoins as early as April 2024, when it launched a proof-of-concept for a yen-pegged token in collaboration with Polygon Labs and blockchain firm SettleMint. However, its plans for a US dollar-pegged coin started becoming clear after it partnered with Bastion, a US-based infrastructure provider for compliant stablecoin issuance. Sony Innovation Fund was a participant in Bastion’s $14.6 million funding round in September. Bastion offers a “stablecoin-as-a-service” platform that allows enterprises like Sony Bank to issue and manage their own branded tokens while remaining fully compliant with US laws, including the GENIUS Act. Sony Bank also applied for a US banking charter in October through a subsidiary named Connectia Trust and plans to establish a US-based branch to oversee issuance, compliance, and operational functions related to the stablecoin. Stablecoin market expected to grow Sony is making its move at a time when the stablecoin market is expected to see explosive growth, with Citi forecasting it could reach up to $1.9 trillion by 2030 as a base case scenario. Much of the current global stablecoin market remains concentrated in dollar-backed tokens like Tether’s USDT and Circle’s USDC, but that hasn’t stopped other players from entering with their own offerings. Over the past few months alone, a number of major institutions have disclosed plans for stablecoin initiatives aimed at improving cross-border payments and digital settlement systems. As previously reported by Invezz, Klarna, a Sweden-based fintech, launched KlarnaUSD to enhance global payment efficiency for its 114 million customers. Similarly, US Bank recently announced it was partnering with the Stellar Development Foundation and PwC to test the issuance of custom programmable stablecoins designed specifically for banking use. The post Sony Bank to launch US dollar pegged stablecoin to power payments in 2026 appeared first on Invezz

1 Dec 2025, 09:21

Japan to Cut Crypto Tax Burden to 20% Uniform Rate in Boost for Local Bitcoin Traders

The proposed tax change, supported by the government, will categorize crypto profits under a separate-taxation framework.

1 Dec 2025, 08:59

Crypto Tax Deductions 2025: Save Money on Your Bitcoin Taxes

There’s no two ways around it anymore – people who engage with cryptocurrencies are expected to fulfil their tax obligations on profits earned from their crypto-related activities. However, not every crypto user realizes just how much they could save if they understand how cryptocurrency tax deduction works. Understanding crypto tax deductions could make a big difference in your next tax filing, as it would help reduce your overall tax liability. This brings the question. What exactly are cryptocurrency tax deductions, and how can they help you save money on your bitcoin taxes? What Are Crypto Tax Deductions (and Why They Matter in 2025)? Crypto tax deductions are expenses that tax authorities allow taxpayers to deduct from their taxable income. Some of these costs include money you spend to manage or earn digital assets, for example, trading fees, mining electricity costs, and money spent on protecting your crypto assets. Tax authorities like the Internal Revenue Service (IRS) in the United States and His Majesty’s Revenue and Customs (HMRC) in the United Kingdom classify cryptocurrencies as either property or stocks. So any money spent on making or protecting such assets is deductible during tax filing. Imagine that you run a small mining operation and your electricity costs at the end of the year amount to $2,500. This amount is deducted during your tax filing, thus reducing your taxable income. The more deductions you have, the lower your taxable gains, and the more money you save. Common Crypto Expenses You Can Deduct Your crypto tax deductions depend on what you do in the market. This means that the tax deductions for a crypto miner differ from those of an individual investor or trader. That said, let’s take a look at some of the expenses that can be deducted for different categories of taxpayers in the crypto industry. Individuals (Traders and Investors) This includes those who focus on buying, selling, and holding digital assets for personal use. Here are some of the tax deductions that can help you save money on your bitcoin and crypto taxes. Transaction fees: These fees include all the costs you spend on buying, selling, swapping, and transferring crypto assets on exchanges, personal wallets, and dapps. Examples include gas fees on blockchain networks and trading fees. Subscription Costs for Tracking Tools: These are expenses incurred for subscribing to or paying for portfolio tracking software or tools that track your crypto activities to keep records or calculate your profits and losses. Examples of such tools are crypto tax software like Koinly and CoinTracker. Professional Help: The money you spent on the services of experts like accountants and tax consultants to handle your crypto taxes can qualify as a deduction on your tax report. Security Costs: As mentioned earlier, the costs you incurred on protecting your digital assets can also be deducted from your crypto gains. In other words, money you spent to buy a hardware wallet or for services like encrypted backups and audits, which help protect your cryptocurrencies, is tax-deductible. Miners and Validators Miners and validators are important players in the crypto world. Miners confirm transactions and add new blocks using high-powered computers that consume large amounts of energy. On the other hand, validators perform similar tasks by staking coins instead of relying on high-powered rigs, which reduces the amount of energy required for keeping the network active. While miners operate in proof-of-work blockchain like Bitcoin, validators are found on proof-of-stake networks like Ethereum and Solana. Mining and validation operations are often treated as business activities, which gives taxpayers more expenses that they can remove from their profits. Some of the tax deductions allowed for miners and validators include: Electricity and Equipment Costs: The money spent on electricity bills and mining equipment can help reduce taxable income. Depreciation: Mining rigs and other computing machines used for running the mining operations wear out over time. As such, you can deduct part of their depreciation cost each year in your tax report. Internet and maintenance: Costs such as internet access, cooling systems, and general maintenance necessary for running the operation can add up to something tangible, which counts as deductible. Businesses Businesses and companies that use crypto as part of their daily operations also have deductions that can reduce their tax obligations. Some of these include: Marketing and management tools: Many businesses that pay for ad campaigns, analytics tools, and automation bots directly linked to trading can report them as deductible. Legal and advisory costs: Other major expenses for businesses that are deductible include money spent on licenses, compliance, and professional services related to income-generating activities. Whether you are an individual investor, trader, miner, or business owner, it is important to keep proof of every deduction. This is because the taxman will not accept your claim without documented evidence, such as receipts and invoices. Understanding Capital Gains, Losses, and Write-Offs Aside from the expenses discussed above, understanding concepts such as capital gains, losses, and write-offs will help increase the amount of money you can save on your Bitcoin taxes without breaking any tax rules. Most countries, as stated earlier, classify cryptocurrencies as capital assets (the same category as stocks and property). That said, a taxable event happens when you buy, sell, or swap your cryptocurrency, either for another asset or for fiat. The difference between what you paid to purchase the asset and what you sold it for would determine whether you made a profit or a loss. If you sold the asset for a higher amount than you bought it, then you have made a capital gain, and if you sold it for a lesser amount, that is a capital loss. Tax authorities allow taxpayers to use their losses to offset their gains, which helps reduce their taxable income. This offset is what we refer to as write-offs, which allows you to pay taxes on your net profit, instead of your total earnings. For instance, you lost $3,500 from investing in Ethereum, but made $7,500 from your bitcoin trade. Instead of paying taxes on your $7,500 profit, you will only pay taxes on $4,000 ($7,500 minus $3,500). How to Use Crypto Tax-Loss Harvesting Tax-loss harvesting is one effective way to reduce your tax liability during the tax season. The idea is quite simple: sell off your digital assets that have dropped in value to offset the profits you made from your other assets. Although this may seem like a bad one at first, it is a strategic way to reduce your tax obligations. How does it work? The first step is to review your portfolio and find the assets that are trading below your purchase price. Sell these tokens before the end of the tax year to realize your losses. Once that is done, you can use the realized loss to offset the taxable gains made from your profitable assets. However, you have to keep accurate records of your transactions, including purchase and sale dates and prices, before you can claim such write-offs. One important thing to note about tax-loss harvesting is the wash-sale rule, which prevents investors from claiming a tax loss if they purchase the same asset within a short period after selling. In the UK, the wash-sale period is 30 days. In other words, to record the loss as a write-off, you must wait at least 30 days after selling before you can rebuy the coin. In the US, however, crypto taxpayers are currently exempted from the wash-sale rule, which means investors could rebuy the asset at any time after selling. The best time to use this strategy is during market downturns, when several assets lose their value almost at the same time. Other Smart Crypto Tax Saving Strategies for 2025 Aside from taking advantage of deductions and loss harvesting, there are some other simple and smart crypto tax saving strategies that can help you lower your Bitcoin taxes without breaking any laws. HODL. When it comes to taxes, HODLing can be a smart way to reduce your tax liability. This is because most tax authorities offer lower tax rates to taxpayers who hold their crypto assets for at least 12 months. In the US, for example, holding your assets for more than a year puts them in the long-term capital gain category, which reduces the rate to 0%,15%, or 20%, depending on your income level. Similar rules apply in the UK and other European countries, like Austria, France, and Germany. Crypto Donations Donating some of your crypto assets to registered charity organizations is another way to lower your tax obligations. Tax authorities allow taxpayers to deduct the donated asset at fair market value because it is treated as a non-taxable transfer. Crypto Loans Another smart way to reduce crypto taxes is through crypto loans. These types of loans let traders and investors borrow money using their crypto assets as collateral. This way, they don’t have to sell their assets, which helps to prevent taxable sales. However, it is essential to note that crypto loans carry risks, as they may result in liquidation if the value of the assets falls below a certain threshold. Crypto Tax Software The easiest way to save on Bitcoin taxes is to stay organized. Using crypto tax software like Koinly and CoinLegger is a smart way to track your transactions and minimize errors that can cost you some serious money. These tax tools automatically calculate your gains and losses while highlighting deductible expenses and crypto tax loss harvesting opportunities. They can also generate ready-to-file tax reports for different tax agencies. You can check out our software recommendation guide for choosing the best crypto tax tools. How to Calculate and Track Your Deductions The first step involved in calculating your crypto tax deductions is identifying which crypto activities generate taxable income for you. This includes trading, mining, and crypto-related business operations. Once you have cleared that, the next step is to list out the expenses you incurred that are directly tied to the activities, such as electricity costs, trading fees, and gas fees. This will amount to your total deductible for the tax year. If you don’t want to go through the stress, or crunching numbers isn’t really your thing, then you can use a crypto tax calculator to make things a lot easier and faster. Crypto tax software can handle most of the heavy lifting, including complex activities such as DeFi, NFTs, staking, and cross-chain transactions. However, it is wise to hire a licensed professional to review your tax reports if need be. FAQs What qualifies as a crypto tax deduction? Any money that you spend to earn, manage, or protect your cryptocurrencies may qualify as a tax deduction. Some examples include trading fees, network fees, and crypto tax software subscriptions, among others. Can I deduct crypto losses? Yes. You can use your realized capital losses to offset your capital gains, which lowers your taxable income. However, depending on your jurisdiction, you must ensure that such a loss complies with the wash-sale rule. Are gas fees deductible? Yes, gas or transaction fees paid during swaps or transfers qualify as deductible if they are directly related to the activities of your taxable income. Do I need receipts for every crypto transaction? 100%. Without proof that you actually incurred expenses or losses, you cannot validate your claims of deductions or write-offs. This is why it is vital to keep receipts, invoices, and other records for the transactions you make. Conclusion Cryptocurrency tax rules don’t have to be confusing, and filing your taxes becomes easier once you understand how crypto tax deductions and Bitcoin tax write-offs work. Also, keeping receipts and tracking your expenses can make a huge difference when it’s time to file your taxes, and you can do this manually or with a sophisticated crypto tax tool. And if you are unsure of how to report your earnings, you can read our crypto tax filing guide for a simple step-by-step breakdown. { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What qualifies as a crypto tax deduction?", "acceptedAnswer": { "@type": "Answer", "text": "Any money that you spend to earn, manage, or protect your cryptocurrencies may qualify as a tax deduction. Examples include trading fees, network fees, and crypto tax software subscriptions." } }, { "@type": "Question", "name": "Can I deduct crypto losses?", "acceptedAnswer": { "@type": "Answer", "text": "Yes. You can use realized capital losses to offset capital gains and reduce your taxable income. However, depending on your jurisdiction, the loss must comply with the wash-sale rule." } }, { "@type": "Question", "name": "Are gas fees deductible?", "acceptedAnswer": { "@type": "Answer", "text": "Yes, gas or transaction fees paid during swaps or transfers qualify as deductible if they are directly related to the activities generating your taxable income." } }, { "@type": "Question", "name": "Do I need receipts for every crypto transaction?", "acceptedAnswer": { "@type": "Answer", "text": "Yes. Without proof that you incurred expenses or losses, you cannot validate deductions or write-offs. It is vital to keep receipts, invoices, and other records for your crypto transactions." } } ]} The post Crypto Tax Deductions 2025: Save Money on Your Bitcoin Taxes appeared first on CryptoPotato .

1 Dec 2025, 07:46

South Korea aims to approve digital asset act by January

South Korea’s ruling and opposition parties reached a breakthrough agreement on stablecoin regulation framework. According to the Maeil Business Newspaper, lawmakers aim to approve the full Digital Asset Basic Act by January 2026. The legislation establishes a “Korean-style stablecoin” employing a consortium structure where banks hold at least 51% equity. As minority stakeholders, technology companies are able to take part. The deadline for submitting government proposals was set by Democratic Party Representative Kang Jun-hyeon on December 10. The congressman warned that if financial authorities fail to meet the deadline, lawmakers will introduce an independent version. South Korea consortium model balances bank stability On November 1, the party-government council meeting focused on details regarding consortium structure. Kang confirmed the intensive discussions held on bank participation levels and equity stake requirements. The Democratic Party secretary asked for consultation without delay to narrow the differences between the Bank of Korea, the Financial Services Commission (FSC), and banking sector positions. South Korea’s model requires a majority equity of 51% from banks, which guarantees soundness. The structure also addresses Bank of Korea concerns regarding the threat from stablecoins to monetary status. The FSC emphasized the need to cut entry barriers for the fintech and non-banking sectors. Kang’s office said the search for a contact point considered both monetary policy stability and industrial innovation. The compromise came after months of delays drew government plan. Throughout the negotiation process, the Bank of Korea insisted on a bank-centered issuance model. Professor Hyun Jung-hwan of Dongguk University assessed bank-led issuance as a safety-oriented option. The former official at the Bank of Korea mentioned that banks already issue deposit currency; stablecoin operations are complex. Reserve requirements exceed deposits, while preventing use as loan funds removes the margin incentives. December 10 deadline triggers legislative action Representative Kang also clarified the timeline for the submission of government bills. The lawmaker insisted the FSC provide a proposal for a framework before December 10. If they fail to meet the due date, the secretary will lead a legislation drive through the National Policy Committee. The country is trying to finish the bill proposal within the regular National Assembly session. A bill passage aims at an extraordinary National Assembly session in January 2026. Kang said that a large market ripple effect needs coordination between the government and opposition parties until the end of January this year. Until now, several related bills have been proposed, including those by Representatives Kim Eun-hye, Ahn Dogul and Min Byeong-deok. Meanwhile, with the sluggish pace of progress so far, the coordination between the government and the ruling party has now become a big watershed. The meeting between the financial authorities and the political officials was held behind closed doors at the National Assembly building in Yeouido, Seoul. Members of the Democratic Party’s political affairs committee met with the FSC to discuss the direction of the Framework Act. Just after the meeting, it was confirmed that the consortium form would include the central bank, regulator, and banking positions. Discussion progress was greeted with favor from market participants after extended delays. Major countries including the United States, the European Union and Japan completed stablecoin system overhauls. FSC expands anti-money laundering framework On November 28, South Korea announced the expansion of its travel rule to include all transaction sizes. The FSC closed a loophole allowing smurfing through sub-1 million won transfers previously. This exemption threshold was anything less than approximately $680 and thus enabled transfer abuse by splitting. The new regulations enact comprehensive monitoring regardless of the individual transaction amount. High-risk offshore exchanges may be blocked from servicing South Korean users as a measure to protect domestic investors from international platforms that operate outside of the country’s regulations. The FSC determined that certain jurisdictions and operators posed heightened risk profiles. Such implementation prevents capital flight to non-compliant foreign services. Stricter requirements were received by the virtual asset service provider registration criteria. Enhanced standards have confronted financial reserves, internal controls, and compliance mechanisms. South Korea requires strong operational infrastructure before licensing approvals are granted. The heightened bar aims at professionalizing the cryptocurrency exchange sector. Professor Hyun stressed that strengthening supervision is necessary if large banks handle substantial volumes of stablecoins. With the surge in issuance, potential system risks increase that call for regulatory monitoring. A permanent channel for discussions between the FSC and the Bank of Korea was suggested. Ongoing coordination by authorities is needed for reserve requirements and issuance limits. Join a premium crypto trading community free for 30 days - normally $100/mo.

1 Dec 2025, 06:40

Japan’s Crypto Tax Revolution: A 20% Flat Rate Promises Relief for Investors from 2026

BitcoinWorld Japan’s Crypto Tax Revolution: A 20% Flat Rate Promises Relief for Investors from 2026 For years, cryptocurrency investors in Japan faced a daunting reality: profits could be taxed at a staggering rate of up to 55%. That landscape is now set for a dramatic transformation. The Japanese government is proposing a groundbreaking crypto tax overhaul, introducing a flat 20% rate on digital asset gains starting in 2026. This pivotal move promises to simplify the system and could ignite a new wave of investment in one of the world’s most significant crypto markets. What is Japan’s New Crypto Tax Proposal? According to reports from NHK, Japan’s ruling party and government are finalizing plans for a separate taxation system specifically for cryptocurrency trading income. The core of the proposal is a straightforward 20% flat tax rate. This new system would replace the current comprehensive tax structure, where crypto gains are lumped together with other income like salary, pushing investors into the highest income brackets. The specific details are scheduled to be included in the official tax reform proposal next year, marking a clear path forward for regulatory clarity. Why is Japan Making This Crypto Tax Change Now? This shift doesn’t come out of the blue. It follows a strategic reclassification by Japan’s Financial Services Agency (FSA). Earlier, the FSA announced plans to recognize 105 major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), as financial products. This critical regulatory step paves the way for the significant crypto tax reduction. The government’s goals are clear: Boost Competitiveness: Align Japan’s tax regime with other major economies to attract and retain crypto businesses and talent. Encourage Compliance: A simpler, fairer system reduces the incentive to evade taxes and brings more activity into the regulated sphere. Stimulate Innovation: By reducing the tax burden, Japan aims to foster greater development and adoption within its digital asset ecosystem. How Will the New Crypto Tax System Benefit Investors? The transition from a top rate of 55% to a flat 20% is a monumental shift for Japanese crypto holders. Imagine an investor realizing a significant gain; under the old rules, more than half could go to taxes. Under the new proposal, they keep a substantially larger portion of their profit. This change delivers two powerful benefits: Predictability: Investors can now calculate their tax liability with certainty, making financial planning far easier. Fairness: The system treats crypto trading income more like capital gains from stocks, creating a level playing field within the investment landscape. This reform could convince many who were hesitant due to tax complexity to finally enter the crypto tax -friendly market. What Challenges and Considerations Remain? While the proposal is a positive leap, some questions linger. The implementation date is set for 2026, which means investors must navigate the current high-tax system for a couple more years. Furthermore, the exact mechanics of the separate taxation—such as loss carry-forwards or reporting procedures—are yet to be fully detailed. The government must ensure the new framework is robust enough to prevent abuse while remaining accessible for everyday users. Clarity on these points will be essential for the reform’s success. A Landmark Move for Global Crypto Regulation Japan’s decision sends a strong signal to the world. By proactively creating a tailored and reasonable crypto tax framework, Japan positions itself as a forward-thinking leader in digital asset regulation. This move could pressure other nations to review their own policies, potentially sparking a global trend towards more rational crypto taxation. For the industry, it’s a validation that mature regulatory approaches are possible, balancing innovation with investor protection and state revenue. In conclusion, Japan’s planned 20% flat tax on cryptocurrency gains is more than just a policy tweak; it’s a strategic masterstroke. It addresses long-standing investor grievances, aligns with broader financial product classification, and sets a new benchmark for regulatory clarity. As 2026 approaches, the world will be watching to see how this simplified crypto tax system revitalizes Japan’s position in the global digital economy. Frequently Asked Questions (FAQs) Q1: When does Japan’s new 20% crypto tax rate start? A1: The proposed flat 20% tax rate on cryptocurrency gains is planned to take effect from the year 2026. Q2: How are crypto gains taxed in Japan currently? A2: Currently, cryptocurrency profits are treated as “miscellaneous income” and combined with an individual’s total income (like salary), subject to progressive tax rates that can reach up to 55%. Q3: Does this tax apply to all cryptocurrencies? A3: The proposal follows the FSA’s move to reclassify 105 specific cryptocurrencies, including BTC and ETH, as financial products. It is expected the new tax will apply to gains from these and similarly recognized assets. Q4: Will this make Japan a more attractive crypto hub? A4: Absolutely. The significant tax reduction and regulatory clarity are designed to boost competitiveness, attract investment, and encourage innovation within Japan’s crypto sector. Q5: What should investors do before 2026? A5: Investors must continue complying with the existing high-tax system until the reform is officially enacted. Keeping detailed records of all transactions is crucial for accurate reporting under both the old and new rules. Q6: Could this influence other countries’ crypto tax policies? A6: Yes. Japan’s proactive approach is seen as a model for balanced regulation. It may encourage other nations to simplify their own crypto tax regimes to remain competitive. Found this breakdown of Japan’s crypto tax revolution helpful? Share this article with fellow investors and on your social media channels to spread the word about this major regulatory shift! To learn more about the latest cryptocurrency regulatory trends, explore our article on key developments shaping global crypto adoption and market dynamics. This post Japan’s Crypto Tax Revolution: A 20% Flat Rate Promises Relief for Investors from 2026 first appeared on BitcoinWorld .

1 Dec 2025, 05:20

CoinShares Knows BlackRock Will Buy Every XRP Left On Open Market

Remi Relief (@RemiReliefX) has stirred a new wave of interest in XRP. He pointed to the withdrawal of CoinShares’ XRP ETF filing and raised a question that caught immediate notice. He examined the timing and asked if the decision was linked to supply pressures that could grow once major asset managers enter the market. Details From The Shared Report Remi directed readers to information from another user who cited the formal withdrawal notice. The update stated that CoinShares filed to withdraw the application under SEC Rule 477 and confirmed that “No shares were sold.” It also said the transaction never reached completion. The report placed the move in a competitive context. It noted potential filings from BlackRock and Fidelity, which would shift attention to larger issuers with deeper resources. The report also pointed out that CoinShares may want to focus on its Nasdaq merger. It closed with a view that the withdrawal clears space for stronger players. Did Coinshares withdraw its XRP filing knowing there isn’t enough XRP left for them to fulfill their ETF obligations ? I think so especially with BlackRock & Fidelity about to file. Coinshares knows BlackRock will pretty much buy out every XRP left on the open market. Do you… https://t.co/HCHlPslWEu — The Real Remi Relief (@RemiReliefX) November 28, 2025 Remi’s Interpretation Of Market Conditions After presenting the report, Remi posed his central question. He asked, “Did Coinshares withdraw its XRP filing knowing there isn’t enough XRP left for them to fulfill their ETF obligations?” His point centered on supply. He suggested that demand from giant issuers could absorb much of the remaining XRP available on the open market. He also added that “BlackRock will pretty much buy out every XRP left on the open market” once filings move forward. XRP’s supply has shrunk significantly in 2025 . He believes BlackRock’s entry into the XRP ETF race could bring strong demand to a market already facing supply constraints. He then returned to the potential impact on XRP’s outlook. He suggested that XRP’s tight supply, combined with major institutional demand, could produce favorable conditions for the asset. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What Will Happen to XRP? The sequence he highlighted matters for several reasons. ETF filings from firms like BlackRock and Fidelity carry weight in traditional markets. Some researchers believe BlackRock’s XRP ETF will be the largest in the market . If these firms proceed with XRP filings, they would need significant quantities of the token to support their products. High demand in a limited market can push competition for supply. Remi pointed to that dynamic to explain why the withdrawal from CoinShares did not look negative to him. He sees it as part of a larger shift toward heavyweight issuers who can secure the scale required for an ETF launch. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post CoinShares Knows BlackRock Will Buy Every XRP Left On Open Market appeared first on Times Tabloid .