Japan's Financial Services Agency has proposed reclassifying XRP, Bitcoin, and 104 other crypto assets as "financial instruments" by 2027, subjecting them to securities-style disclosure rules and penalties for market manipulation. Meanwhile, Resolv Labs protocol suffered a $25 million loss due to flaws in its USR stablecoin minting process, causing USR's price to plunge 80%. Additionally, over 120 billion SHIB tokens have been transferred from exchanges to private wallets, with large holder trading volume surging 111%, signaling potential accumulation behavior. The U.S. Securities and Exchange Commission (SEC) must decide on 91 spot crypto ETF applications by March 27, which are key catalysts for institutional capital inflows.

XRP-2.81%
BTC-1.58%
SHIB-1.14%
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