Metaplanet Expands Bitcoin Holdings With $93M Purchase
Metaplanet Inc., a Tokyo-based investment company, has bought 775 more Bitcoin worth $93 million, bringing its total holdings to 18,888 BTC. The firm paid an average of $120,006 per coin, slightly above market price at the time.
This latest purchase follows acquisitions earlier this month of 463 BTC and 518 BTC, signaling its aggressive “Bitcoin-first” strategy. With nearly 19,000 BTC, valued at up to $2.18 billion, Metaplanet has become one of Asia’s leading corporate Bitcoin holders, mirroring MicroStrategy’s treasury approach.
US Treasury Explores Digital IDs In DeFi To Curb Crime
The US Treasury is considering embedding digital identity checks into decentralized finance platforms as part of the GENIUS Act, signed in July.
One idea is to link government IDs, biometrics, or portable credentials directly to DeFi smart contracts, ensuring transactions only process after identity verification. This would bring Know Your Customer and Anti-Money Laundering checks into DeFi code.
Supporters argue the system could cut costs, improve privacy, and help regulators detect money laundering or sanctions evasion before transactions complete.
India’s CBDT Engages Crypto Industry On New VDA Law
India’s Central Board of Direct Taxes has opened talks with crypto stakeholders on whether a dedicated law is needed for digital assets.
Currently, crypto gains face a 30% tax with no loss offsets, plus a 1% TDS on each trade—rules industry players say discourage participation. Banks remain hesitant, and clarity under FEMA for offshore use is lacking.
CBDT reportedly asked whether 1% TDS is too high and if losses should be offset. The industry seeks a balanced, comprehensive legal framework.
Solana Validators Vote On Alpenglow Upgrade To Cut Block Finality
Solana validators are voting on SIMD-0326, known as the Alpenglow proposal, which seeks to replace TowerBFT with a faster, more resilient system.
If passed, block finality could fall from 12.8 seconds to as low as 100–150 milliseconds. Developed by Anza, the proposal uses direct voting, signature aggregation, and a Validator Admission Ticket fee.
Supporters say it reduces bandwidth costs by 20%, while critics warn it may raise barriers for smaller validators. The system also improves resilience with a 20+20 fault tolerance model.
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