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The Financial Services Agency of Japan and the National Police Agency jointly requested cryptocurrency exchanges to strengthen anti-fraud measures

According to CoinPost, the Financial Services Agency of Japan and the National Police Agency recently jointly sent a letter to the Japan Virtual Currency Exchange Association (JVCEA), requesting exchanges to strengthen anti-fraud measures. This request includes 11 specific requirements, such as the need for withdrawal addresses to be registered in advance, enhanced transaction monitoring, strict verification of identification documents when opening accounts, and setting a withdrawal limit for a certain period after users deposit fiat currency or purchase crypto assets.The background of this action is the increasing prevalence of investment scams and "pig butchering" schemes on social media, where criminals frequently use crypto accounts to transfer illegal funds. The Financial Services Agency also suggested that exchanges flexibly set withdrawal limits based on customers' risk levels and transaction purposes, and that suspicious transactions should immediately result in account restrictions or freezes, while enhancing intelligence cooperation with the police. For system renovations that are difficult to implement in the short term, exchanges are allowed to proceed in phases. In addition, the Financial Services Agency has officially established the "Cryptocurrency and Stablecoin Division," responsible for related regulatory affairs.

Strategy to join the "Invest in America Business Commitment" program will contribute $250 annually to employees' children's Trump accounts

According to a report by businesswire, Strategy announced its participation in the "Invest in America Commitment" program, which will contribute $250 annually to the Trump account (i.e., 530A account) for each eligible American employee's minor child, regardless of the child's birth year.For children born on or after January 1, 2025, there will also be an additional one-time matching contribution of $1,000 in seed funding provided by the U.S. government.Phong Le, President and CEO of Strategy, stated, "The Trump account and the Invest in America initiative can build a stronger financial future for American children. The company will match the government's initial $1,000 contribution and provide additional annual contributions for eligible employees' children.These accounts can encourage financial education, long-term thinking, and the cultivation of a savings and investment culture from a young age—these goals are highly consistent with Strategy's values and optimistic vision for the future."The Trump account is a tax-deferred investment account for minors under the age of 18, with investment targets being low-fee U.S. index funds. Children born between 2025 and 2028 can receive a one-time $1,000 seed funding from the U.S. Treasury upon registration. Strategy's program will launch after the Treasury issues final guidance and the employer contribution infrastructure is online. The company has announced the plan to employees during internal quarterly meetings and will share registration details with eligible employees before the launch.

NeoSoul announced a strategic partnership with Billions Network to jointly develop autonomous trading agents

BNB Chain and the largest AI Agent cluster infrastructure on 0G, NeoSoul, announced a strategic partnership with the privacy identity network Billions Network, aimed at humans and AI Agents. Both parties will explore how authentication can help AI Agents participate more securely in the digital market.Billions provides identity technology for users and AI Agents while protecting personal information. NeoSoul develops Agents that can observe the market and take action within user constraints. The first phase of the collaboration will explore whether the systems of both parties can connect.Both parties will also investigate how users can maintain control when Agents act independently and assess the application of related capabilities in the BNB Chain and AI Agent market.Kaelan, co-founder of NeoSoul, stated, "AI Agents have begun making decisions on behalf of users, so user control has become even more important. Through this collaboration, NeoSoul and Billions will study how to use identity technology to allow users to retain control when Agents act independently."Evin McMullen, CEO and co-founder of Billions Network, stated, "As AI Agents take on more complex tasks, users need to know who is controlling the Agents and what the Agents can do. NeoSoul has experience in autonomous market decision-making for Agents. We look forward to exploring how to make the use of Agents safer through identity technology."
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