Binance’s new Junior app aims to bring supervised crypto use to minors, prompting both praise for early education and criticism of child targeting. Binance has launched Binance Junior, a parent-controlled crypto app for users ages 6 to 17, in a move that sparked debate over introducing digital assets to minors. The company announced Wednesday that Binance Junior is a standalone mobile app linked to a parent’s primary Binance account. The tool allows adults to deposit crypto, set spending and transfer limits and enable Earn products for their kids, depending on local regulations. Binance framed the new product as a family-focused financial literacy tool. It mirrors traditional custodial accounts, where children can hold assets while parents remain the legal owners and control permissions. Read more
The crypto industry in Japan is poised for a surge in growth among retail investors, observers say, as the government plans to introduce a moderate 20% tax. A new, more moderate tax on digital assets in Japan is projected to make crypto more appealing to retail investors. Lawmakers in the National Diet, Japan’s legislature, reportedly support a proposal from the country’s financial watchdog, the Financial Services Agency (FSA), that would lower taxes on crypto. The rate would decrease from a maximum of 55% to 20%, aligning the taxation regime more closely with traditional assets and securities. Relaxing the tax code reflects a growing trend of the government moderating its stance toward crypto in Japan. From a relative gray zone to strict regulations, to becoming part of a national growth plan, the government has gradually recognized crypto as part of the financial industry. Read more
Corporate Ether acquisitions continue to decline, leaving the world’s largest corporate ETH holder to scoop up billions in Ether, aiming to amass 5% of the total supply. The Ethereum treasury trade appears to be unwinding as monthly acquisitions continue to decline since the August high, though the largest players continue to scoop up billions of the Ether supply. Investments from Ethereum digital asset treasuries (DATs) fell 81% in the past three months, from 1.97 million Ether (ETH) in August to 370,000 ETH in November, according to Bitwise, an asset management firm. “ETH DAT bear continues,” wrote Max Shennon, senior research associate at Bitwise, in a Tuesday X post. Read more