Weekly Summary of cryptoassets and Practical Blockchain Industry News from November 16 to 22, 2025

Source: Bittimes Original Title: Weekly Summary of Cryptocurrency News “Financial Services Agency, ETF, JPYC, Bitcoin” and Other Notable Articles Original Link: https://bittimes.net/news/213884.html

Financial Services Agency designates 105 cryptocurrency assets as “subject to the Financial Instruments and Exchange Act”

On November 16, it became clear that the Financial Services Agency has solidified its policy to classify cryptocurrencies as financial products under the Financial Instruments and Exchange Act.

A total of 105 cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), handled by domestic cryptocurrency exchange operators are set to be subject to regulation, with obligations for information disclosure and insider trading regulations being applied.

The Financial Services Agency is believed to aim to submit a bill to amend the Financial Instruments and Exchange Act incorporating these contents to the regular session of the National Diet in 2026.

SBI, Nomura and other major domestic companies are considering incorporating cryptocurrency assets into investment trusts.

On November 18, it was revealed that six major domestic asset management companies, including SBI Global Asset Management, are considering the establishment of investment trusts that incorporate cryptocurrencies.

It is reported that six companies, including Nomura Asset, SBI Global Asset, Daiwa Asset, Asset Management One, Amova, and Mitsubishi UFJ Asset, have responded that they are considering the development of investment trusts compatible with cryptocurrency.

Following the Financial Services Agency's consideration of lifting restrictions on investment trusts that include crypto assets and the expansion of ETFs in the United States, expectations for the emergence of such products are rising in Japan.

A certain head office exchange's Japan branch now allows cryptocurrency trading with PayPay money.

On November 21, a certain head office exchange's Japan branch and PayPay Corporation announced the launch of a collaborative service that allows users to purchase cryptocurrency using PayPay money at the company's cryptocurrency spot trading (sales office).

With this collaboration, users can purchase cryptocurrency using PayPay money, and receive the payment upon selling as PayPay balance.

Traditionally, deposits and withdrawals in Japanese yen were primarily done through bank transfers, but with this new partnership, a route has been added that allows users to purchase cryptocurrencies directly from the PayPay app, enabling transactions from 1,000 yen, available 24 hours a day, 365 days a year.

Grayscale's Dogecoin Spot ETF to Start Trading on November 24

On November 18, senior ETF analysts revealed that Grayscale's Dogecoin (DOGE) ETF is in the final stages of listing and is expected to begin trading on the New York Stock Exchange around November 24.

Analysts have indicated that the outlook for the listing of the ETF is positive, in light of the new guidance from the U.S. Securities and Exchange Commission (SEC).

Harvard University, Bitcoin ETF Holdings Increased by 257%

On November 16, it was revealed that as of September 30, Harvard University in the United States held approximately 6.81 million shares of the Bitcoin ETF “iShares Bitcoin Trust (IBIT)” managed by the major asset management firm BlackRock.

According to the documents submitted to the SEC, the number of shares held has increased by 257% since the last reporting period in June, reaching a valuation of approximately $442.9 million (about 68 billion yen).

As funds flow out of the ETF market, this move indicates a growing confidence among institutional investors in Bitcoin, drawing attention.

HashPort to Issue New Credit Card “HashPort Card” Supporting JPYC Repayment

On November 20, the blockchain company HashPort announced that it will start issuing the credit card “HashPort Card” that supports repayment in the stablecoin “JPYC” from the following day, November 21.

This card is issued in collaboration with the fintech company Nudge, which develops next-generation credit card businesses, allowing users to pay for the card fees in JPYC linked to Japanese yen.

At the start of the service, repayments will be made through manual transfers by users, but it is explained that an automatic deduction feature from the wallet balance is planned to be introduced in the first half of 2026.

Quiet BTC Buying by Institutional Investors Amidst Sharp Declines, Final Warning Bells of Shakeout

Matt Hogan, CIO of the U.S. cryptocurrency management company Bitwise, stated in an interview on November 22 that the recent decline in the cryptocurrency market is “a story of two markets: short-term fear and long-term conviction.”

According to him, while short-term investors are reacting to the risk-off movement by increasing their selling, long-term oriented institutional investors are beginning to gradually buy Bitcoin and other assets at the current price level.

On the other hand, the head of equity and macro strategy at a major U.S. financial institution has expressed caution, stating that “the final shakeout is not yet over.”