October 6, 2025
Crypto in Asia Transformed By Trump-Associated WLFI Agreement, India’s Safety Enforcement, UAE’s Tax Agreement, And Japan’s Surge in Adoption
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Crypto in Asia Transformed By Trump-Associated WLFI Agreement, India’s Safety Enforcement, UAE’s Tax Agreement, And Japan’s Surge in Adoption

Sep 28, 2025

The crypto scene in Asia continues to gather steam. An eventful week in the Asian crypto ecosystem has brought new partnerships, regulatory changes, and cross-border developments.

From Seoul to Abu Dhabi, the crypto movement in Asia is establishing new standards for the industry. Here’s a summary of the week’s events.

WLFI, Associated With Trump, Expands Crypto Presence In Asia Via Bithumb In South Korea

The South Korean crypto trading platform Bithumb has formed a partnership with World Liberty Financial (WLF), a crypto asset firm linked to former US President Trump. This initiative is aimed at fostering the expansion of decentralized finance (DeFi) on a global scale.

An official news made on 23 September 2025 indicates that the strategic alliance intends to identify opportunities in the Decentralized finance arena while bolstering crypto holder trust.

In statements regarding the collaboration, Bithumb’s CEO Lee Jae-won remarked, “Partnering with WLF marks a pivotal point in boosting Bithumb’s global position. We are committed to enhancing our strategic alliances moving forward.”

A memorandum of understanding (MoU) was formalized at Bithumb’s Seoul headquarters, attended by high-ranking officials from both firms, including WLF Co-Founder Zak Folkman.

This alliance follows a meeting between Bithumb’s CEO, Lee, and Eric Trump, Co-Founder of WLF and the second son of Donald Trump, during the Hong Kong Bitcoin Asia 2025 event held in August.

The two companies are focused on accelerating the introduction and utilization of Decentralized finance offerings. Moreover, Bithumb has expressed interest in exploring another collaboration with Circle, the issuer of the USDC stablecoin, to further its global expansion strategy.

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India Enforces Stringent New Regulations To Tackle Rising Digital Fraud Incidents

The Reserve Bank of India (RBI) has rolled out new regulations to enhance the protection of digital payments across the nation in light of rising fraud cases.

The latest guidelines were issued on 25 September 2025, mandating more rigorous authentication measures for all digital transactions in India. Banks and payment service providers are required to implement these protocols by 1 April 2025.

The revised framework builds upon the existing two-factor authentication requirement, introducing a need for at least one dynamic protection verification, such as a one-time password, a biometric scan, or a hardware token.

These dynamic protection checks will vary with each transaction, helping to mitigate the risk of credential misuse or theft. The regulations also extend to international transactions conducted with Indian cards.

Furthermore, all authentication systems must adhere to India’s Digital Personal Data Protection Act, 2023, and should operate seamlessly across different devices and platforms.

The RBI asserts that these new regulations aim to keep pace with advancing technology while safeguarding users and maintaining confidence in the financial system.

Through these guidelines, the RBI is promoting the employment of intelligent checks based on user activity, enhanced verification methods, and the use of DigiLocker, a secure digital service for storing and accessing essential personal documents online.

Additionally, the RBI has established a timeline for crypto law on an international scale. By October 2026, card issuers must register their Bank Identification Numbers with worldwide card networks.

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UAE Joins Global Agreement For Automatic Crypto Tax Data Exchange

The UAE has committed to enhancing transparency in crypto taxation by signing an international agreement under the OECD’s (Organisation for Economic Co-operation and Development) Crypto asset Reporting Framework (CARF).

CARF permits nations to automatically share tax-related information concerning crypto transactions, bolstering oversight and curbing tax evasion.

This decision was announced on 20 September 2025 by the UAE Ministry of Finance (MOF) to align the country’s digital asset regulations with global tax standards.

The MOF disclosed that plans are in motion to deploy the framework by 2027, with the initial exchange of information anticipated in 2028.

In preparation for the new crypto tax regulations, the UAE has initiated public consultations to gather input from key industry stakeholders, including exchanges, custodians, traders, and advisors.

The feedback period commenced on 15 September 2025 and will remain open until 8 November.

The UAE is among the 50 nations planning to implement CARF and seeks to establish a worldwide system for sharing crypto tax data. Other participating countries include New Zealand, Australia, and the Netherlands.

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Crypto In Asia: Japan Sees 120% Increase in Crypto Adoption Due to Policy Reforms

Regulatory updates and policy changes have led to Japan experiencing a 120% increase in digital currency adoption year-over-year.

According to Chainalysis’s Geography of Cryptocurrency Report, this surge highlights Japan’s attempts to reconcile crypto regulations with traditional financial systems, including the introduction of its first stablecoin pegged to the Yen and lowering tax obligations for crypto investors.

(Source: Chainalysis Report)

Global crypto market dynamics, particularly those observed during the trading surges following the US elections, have also impacted this increase in adoption.

Although Japan’s trading market still lags behind its regional counterparts, Atsushi Kuwabara, Chief Business Development Officer at Bitbank, believes that forthcoming policy reforms will further propel the use and acceptance of cryptocurrencies in the nation.

Throughout the Asia-Pacific region, nations such as South Korea, India, and Indonesia have also experienced substantial growth, with stablecoins contributing significantly, indicating a trend towards the mainstream adoption of cryptocurrencies in the area.

Key Takeaways

  • WLFI has teamed up with Bithumb to enhance Decentralized finance globally
  • India’s RBI has introduced new regulations for domestic and international payment processors and banks to address rising digital fraud incidents
  • The UAE has joined a global agreement under the OECD’s CARF to automatically exchange tax-related information on crypto asset transactions
  • Japan has recorded a 120% annual increase in crypto adoption due to regulatory advancements and reforms

The post Crypto in Asia Reshaped By Trump-Linked WLFI Deal, India’s Protection Crackdown, UAE’s Tax Pact, And Japan’s Adoption Boom appeared first on 99Bitcoins.

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