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Japanese regulator seeks to scrap “unrealized gains” tax on crypto

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1 year ago

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The Japanese Financial Services Agency has proposed changing the tax code around digital assets to free domestic firms from the end-of-the-year “unrealized gains” tax on crypto.

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Coin Market

DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote

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14 mins ago

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September 20, 2024

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The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform. 

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Coin Market

BingX confirms ‘minor’ losses amid panic over hot wallet movements

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14 mins ago

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September 20, 2024

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Crypto exchange BingX’s product chief Vivien Lin has confirmed there was a hack and a “minor asset loss,” which is still being calculated.

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Coin Market

Germany seizes 47 crypto exchanges tied to ‘underground economy’

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1 hour ago

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September 20, 2024

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German authorities sent a loud and clear message to criminal users of the exchanges: We found their servers and have your data — see you soon.

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