Japan’s Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry’s development, which it sees as a pillar of economic reform.
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Solana (SOL) Rallies Past $100, Continuing Torrid Month
Memecoin traders and airdrop farmers are bringing more attention to Solana.
Hashdex Names BitGo as Bitcoin ETF Custodian as Applicants Continue SEC Meetings
Would-be bitcoin exchange-traded fund (ETF) issuer Hashdex changed its paperwork Friday, naming BitGo as its bitcoin custodian and changing the name of its Bitcoin Futures ETF to the Hashdex Bitcoin ETF as it – and other companies – continue to hope for an approval for the U.S.’s first spot bitcoin ETF early in the new year.
Nexo’s Money Laundering Investigation in Bulgaria Closed Due to Lack of Evidence: Report
The Bulgarian Prosecutor’s Office reported to have said that it found “no evidence of criminal activity,” adding that “no evidence of tax offenses or computer fraud was found against the defendants, either.”
SEC Blasts ‘Purportedly Decentralized’ DAOs in $1.7M Settlement with BarnBridge
BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.
First Mover Americas: Optimism’s OP and Solana Rally
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say
The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.
Solana Nears $100 as Meme Coin Frenzy Continues to Drive Rally
Value locked on the blockchain’s applications has more than doubled since November.
Coinbase Approved as Virtual Asset Services Provider in France
The third-largest crypto exchange has said it wants to become regulated in countries with clear policies for the industry while it argues with the Securities and Exchange Commission for bespoke rules in the U.S.
Ethereum Developers Target January for First Testnet Deployment of Next Big Upgrade, ‘Dencun’
Developers also penciled in the end of February as a soft target for the upgrade to hit the main Ethereum blockchain.