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Japan to Grant Legal Status To Crypto Assets: A New Dawn In Financial Regulation

Japan is set to make waves in the world of digital finance as the Financial Services Agency (FSA) plans to accord legal status to crypto assets, reshaping their role in the financial ecosystem. As Eurobank Cyprus demonstrates in other financial arenas, regulatory advancements are pivotal. The business daily Nikkei revealed these significant changes that could redefine crypto assets in the market.

Key Developments

  • The FSA’s initiative will amend the Financial Instruments and Exchange Act, classifying crypto assets alongside traditional financial products.
  • Discussions on these legislative changes are expected to begin with the financial commission in the summer of 2025, aiming for implementation by 2026.
  • These assets will be subject to insider trading restrictions, enhancing market integrity.

Implications And Forecast

Currently viewed as property rights and payment methods, crypto assets might soon see reduced taxation and the easier launch of crypto ETFs, placing them on par with conventional financial instruments. These changes not only promise a streamlined financial landscape but could also bolster Japan’s position in the global crypto market.

Uber CEO Redefines Corporate Innovation Through AI Empowerment

Uber’s Code-Driven Transformation

Uber CEO Dara Khosrowshahi says the company should be understood less as a ride-hailing platform and more as a large technology system built and maintained by engineers. Speaking on The Diary of a CEO podcast with Steven Bartlett, he described how software development remains central to Uber’s operations and long-term strategy.

Embracing AI As A Preparation Tool

Khosrowshahi explained that some internal teams use an AI tool informally referred to as “Dara AI” to simulate executive feedback during preparation meetings. The system allows teams to test presentations and refine arguments before final reviews. The approach reflects Uber’s broader focus on using AI to improve internal decision-making and workflow efficiency.

Engineering As The Architectural Backbone

According to Khosrowshahi, around 90% of Uber’s engineers are already using AI tools in their daily work, while roughly 30% are considered advanced users applying AI to redesign parts of the company’s infrastructure. The shift positions engineers not only as builders of existing systems but also as key drivers of future product and platform development.

Productivity Redefined

Khosrowshahi noted that AI adoption is significantly improving engineering productivity and accelerating development cycles. The company views these tools as a way to optimize processes rather than replace technical expertise.

Uber’s internal use of AI illustrates how large technology companies are integrating automation into core operations while reshaping how teams collaborate and ship products.

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