Japan Slashes its Famous High Tax Rates on Digital Assets
The current system treats crypto profits as “miscellaneous income,” hitting top earners with a tax rate of up to 55%. That’s all set to change.
Kanye West Drops a $2B Crypto Token
Kanye West is betting on blockchain. The artist now known as Ye has launched “Yeezy Money” (YZY), a new cryptocurrency on Solana, proclaiming a “new economy, built on chain.”
Fed Abandons Crypto Supervision Program Amid Regulatory Retreat
The Federal Reserve has abruptly shut down its Novel Activities Supervision Program, a 2023 initiative meant to monitor banks’ crypto and fintech ventures—raising questions about oversight gaps.
Crypto Markets Reel as Hot PPI Fuels Fed Policy Uncertainty
Crypto derivatives faced $1 billion in liquidations following a higher-than-anticipated PPI report, which sent Bitcoin down 2%+ and revived concerns about the Fed’s rate-cut timeline.
Pantera’s $300M Crypto Treasury Push Signals Institutional Demand
As institutional interest in crypto grows, Pantera Capital has revealed a $300 million+ investment in digital asset treasury (DAT) companies, positioning them as a yield-generating alternative to ETFs or direct holdings.
Crypto Funds Hit $32.6B AUM Record After $572M Weekly Inflow Bounceback
Despite $1B in outflows early last week, crypto investment products rebounded to $572M in net inflows, lifting total assets under management to a record $32.6B.
From Football to Crypto Policy: Bo Hines’ White House Exit
Bo Hines’ tenure as head of the White House’s crypto advisory council is coming to an end.
