QuickSwap has integrated KyberSwap on Base, aiming to improve token pricing, reduce slippage, and simplify multi-chain swaps without relying heavily on bridges, while expanding its DeFi presence beyond Ethereum and Polygon.
QuickSwap has launched KyberSwap integration on Base, aiming to improve multi-chain swaps with better pricing, lower slippage, and reduced reliance on external bridges while expanding its DeFi presence beyond Ethereum and Polygon.
Japan's Financial Services Agency (FSA) is planning to require cryptocurrency exchanges to set aside liability reserves to compensate customers in the event of hacks, operational failures, or bankruptcies, with legislation expected to be submitted to parliament in 2026. The move follows a series of devastating crypto hacks: in May 2024, DMM Bitcoin lost ¥48.2 billion in bitcoin, and in February 2025, Bybit lost approximately $1.46 billion. The FSA is also pushing to reclassify 105 cryptocurrencies as financial products under the Financial Instruments and Exchange Act, which would impose insider-trading bans, enhanced disclosure rules, and stricter custody audits. On the tax front, the agency proposes cutting the crypto profit tax rate from a maximum of 55% to a flat 20%, matching equities. Additional reforms include stricter asset segregation, a registration system for third-party custodians, and allowing exchanges to use insurance to partially meet reserve requirements. These measures aim to strengthen market security while encouraging institutional participation, marking a significant tightening of Japan's crypto regulatory framework.
