On July 2, 2026, the Asian crypto market witnessed multiple major developments. Taiwan passed its first-ever crypto asset service law, requiring all Virtual Asset Service Providers (VASPs) to obtain licenses and imposing severe penalties for non-compliance. In parallel, Binance, the world's largest cryptocurrency exchange, formally entered the Philippine market through the country's regulatory sandbox program, marking a significant expansion in Southeast Asia. Meanwhile, Japanese listed company Metaplanet continued its aggressive Bitcoin accumulation strategy, adding 2,823 BTC to its holdings, further boosting its total position and signaling strong institutional confidence in digital assets.
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