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Key TakeawaysMoon Kyung-ho of the Finance Ministry confirmed virtual asset taxation will begin on Jan. 1 next year.Over 13.26 million investors face a 22% tax on virtual asset gains exceeding 2.5 million won.The NTS is drafting final notices, with major exchanges like...
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Key TakeawaysCoinbase reached 8.6% crypto trading volume market share, setting a new company high.Derivatives adoption lifted retail annualized revenue above $200 million, expanding Coinbase’s revenue mix.Base and USDC activity could further strengthen Coinbase’s role...
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Key TakeawaysKalshi raised a $1B Series F led by Coatue, doubling its valuation to $22B to target institutions.As institutional trading volumes surged 800%, Kalshi’s annualized volume reached a massive $178B.Next, Kalshi will use the $1B to build tailored...
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A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California...
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Key TakeawaysSenate Banking leaders reportedly circulated the CLARITY Act draft text before a potential Thursday committee vote.Unresolved bracketed sections, ethics language, and stablecoin rewards remain key sticking points.Polling found 52% of voters support the... Translate »