by Michael
Key Takeaways: On March 31, the Diet passed a stopgap budget that keeps the proposal to reduce crypto tax from 55% to 20% flat tax to stop the Web3 exodus to Dubai. While the proposal has hailed critics say the slow 2028 timeline hinders bitcoin ETFs. Japan will...
by Michael
Key Takeaways: OpenAI CEO Sam Altman proposes a wealth fund to share AI profits and protect future social safety nets. To offset AI job displacement, OpenAI calls for a 32-hour work week so workers benefit from future productivity. Altman also backs a shift to...
by Michael
Key Takeaways: Japan’s Payment Services Act, revised in June 2023 and updated through 2026, created the world’s strictest stablecoin issuer rules. Project Pax, backed by MUFG, SMBC, and Mizuho, targets 1 trillion yen in B2B stablecoin issuance by 2028. JPYC became the...
by Michael
Key Takeaways: CMF and other banks are testing JPMorgan’s JPM Coin in phase one to speed up interbank settlement times. Experts view this integration as a massive leap for modernizing bank costs. The Central Bank must amend a 2022 rule before institutions can offer...
by Michael
Key Takeaways: Japan raises serious concerns that could drive sweeping new regulations across crypto markets. The FSA signals tougher oversight through more effective and stringent regulations on providers. The FSA warns that wide crypto regulation may be needed to...
by Michael
Key Takeaways: India is issuing Section 148A notices that can reopen past crypto filings for review. Systems may flag estimated income that does not reflect actual profits, increasing exposure. Data mismatches across exchanges and tax filings can escalate scrutiny and...
by Michael
Key Takeaways: BCA Research puts U.S. recession odds at 40%, warning that sustained 10% oil supply cuts could push crude to $200. Oil held above $100 a barrel signals commodity traders see deeper risk than equity investors currently pricing in. Berezin favors...
by Michael
Key Takeaways: The Solana Foundation and Asymmetric Research launched STRIDE on April 6, 2026, a tiered DeFi security program covering all protocols. Protocols exceeding $10M TVL qualify for foundation-funded 24/7 monitoring, while those above $100M TVL receive formal...
by Michael
Key Takeaways: Blackrock IBIT helped drive $22.34 million bitcoin ETF inflows, but volatility signals weak conviction ahead. Ether ETFs saw $42.15 million outflows, led by Blackrock ETHA, showing selective demand and cautious sentiment. Solana and XRP ETFs lost $5.2...
by Michael
Key Takeaways: Dune Analytics logs $25.7B March volume; Polymarket, Kalshi dominate as activity concentrates. Polymarket hit 115M trades vs Kalshi 88M in March; scale signals deeper market adoption. CFTC scrutiny and U.S. lawmakers target markets as Polymarket, Kalshi...
by Michael
Key Takeaways: The S&P 500 gained 0.4% Monday but remains 4% below pre-conflict levels as Iran tensions persist. Trump’s Tuesday deadline for Iran to reopen the Strait of Hormuz keeps oil near $103 a barrel (WTI). JPMorgan Chase CEO Jamie Dimon flagged inflation...
by Michael
Key Takeaways: Trump stated at the April 6 White House Easter Egg Roll that seizing Iran’s oil is his preferred outcome of the conflict. Iran rejected a U.S.-backed 48-hour ceasefire on April 3, 2026, calling American proposals “illogical.” Trump’s April 8 deadline... Translate »