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Policy & Regulation
Nov 20, 2024
Japan passes stimulus package, commits to crypto tax reform
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate. 
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Nov 20, 2024
South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025
South Korea’s Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected. 
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Nov 20, 2024
Hong Kong Cyberport Web3 network grows to 270 blockchain firms
Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong.
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Nov 20, 2024
Bitcoin reserve won’t solve US debt crisis: Think tank co-founder
Avik Roy, president of a nonprofit think tank, said Senator Cynthia Lummis’ claim that Bitcoin could eliminate federal debt is “overselling” what Bitcoin can do.
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Nov 19, 2024
US crypto exchange Gemini launches in France after DASP registration
Gemini’s market entry comes as France has added at least 2% more crypto users over the past two years, according to the firm.
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Nov 19, 2024
NBA legend Shaquille O’Neal signs $11M Astrals NFT settlement
Shaquille O’Neal signed an $11 million settlement in exchange for dismissing a class-action lawsuit. 
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Nov 19, 2024
California judge rules DAO members liable under partnership laws
A16z Crypto’s Miles Jennings posted on X that the ruling is a “huge blow” to decentralized governance. 
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Nov 19, 2024
US lawmakers demand Treasury explain what it’s doing about Tornado Cash
Democratic members of Congress want answers from the Treasury on why Tornado Cash is still operating after being sanctioned.  
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Nov 18, 2024
Coinbase CEO to meet with Trump to discuss personnel appointments — WSJ
Before US Election Day, Brian Armstrong said Coinbase was “prepared to work” with either a Kamala Harris or Donald Trump administration
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Nov 18, 2024
Bitfinex money launderer ‘Razzlekhan’ sentenced to 18 months in prison
A federal judge sentenced Heather Morgan, also known as Razzlekhan, to 18 months in prison for laundering stolen Bitcoin connected to Bitfinex.
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