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Japan plans to classify XRP as a financial instrument by 2027 amid stricter crypto rules and a $25M hack hits Resolv Labs.

Market News
22 Mar 2026
UToday
View Source
Neutral
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Japan's Financial Services Agency proposes reclassifying XRP, BTC, and 104 other cryptocurrencies as financial instruments by 2027, introducing stricter trading rules and penalties to combat scams. Meanwhile, Resolv Labs suffered a $25 million hack exploiting a vulnerability in its USR stablecoin minting, causing USR to lose 80% of its value. Additionally, large Shiba Inu holders moved 120 billion SHIB off exchanges, signaling long-term holding ahead of a critical SEC decision on 91 crypto ETFs due March 27, which could influence market momentum.

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