Japan’s Liberal Democratic Party Urges Immediate Crypto Tax Reforms
Japan's crypto traders may soon see significant tax reforms, as the LDP moves forward with its plans to support the crypto industry and embrace the web3 revolution.
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CatherineJapan’s Ruling Party Pushes for Urgent Crypto Tax Reform
Japan's Liberal Democratic Party is pushing for urgent crypto tax reforms, aiming to separate profits and losses from crypto transactions for fairer taxation. Prime Minister Kishida's support for web3 technologies adds momentum to the reform, suggesting a positive shift towards embracing blockchain innovations in Japan's regulatory landscape.
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Bitcoin's upcoming halving will slash miner rewards, potentially causing a $10 billion annual revenue drop. Miners face increasing competition for power and must innovate to survive.
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Hong Kong's approval of bitcoin and ether ETFs signals its growing role in cryptocurrency innovation, contrasting with China's stricter stance. While this move promises investment opportunities and financial growth, it also poses risks due to cryptocurrency volatility and regulatory uncertainties.
AnaisBitcoin miners might sell off approximately $5 billion worth of BTC following the halving event.
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HSBC plans to expand tokenized assets, prioritizing stability over volatile cryptocurrencies. Hong Kong leads in adopting tokenization, with successful digital bond offerings.
WeiliangHong Kong Police Receives Training from Bitrace for Crypto Crime Investigations
Bitrace's team of technical specialists conducted a crypto training session for Hong Kong’s Cyber Security and Technology Crime Bureau (CSTCB) and Commercial Crime Bureau (CCB) of Hong Kong.
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