Dec 29: Asia's Crypto Reforms and Market Moves: Tax Cuts, Premiums, Busts, and ETFs
Daily Crypto News29 Joulu 2023

Dec 29: Asia's Crypto Reforms and Market Moves: Tax Cuts, Premiums, Busts, and ETFs

This week in Asian cryptocurrency markets reflects diverse reforms and dynamic activities. Japan's cabinet is considering a progressive step by proposing to scrap corporate tax on unrealized crypto gains, potentially boosting investment and innovation within the country's digital asset space. In South Korea, high Bitcoin premiums are indicative of strong retail investor activity, as analyzed by CryptoQuant, suggesting a growing and active crypto community. China remains vigilant against illegal financial activities, busting a $2.2 billion forex ring linked to crypto platforms, emphasizing the government's ongoing efforts to regulate the financial landscape. Hong Kong is making strides in the institutional sector by releasing specific requirements for crypto ETFs, positioning itself as a forward-thinking financial hub.


In the broader context, India is intensifying its crypto crackdown by moving to block major exchanges like Binance and Kraken, reflecting a stringent regulatory approach. OKX is responding to global regulatory pressures by delisting privacy coins, highlighting the ongoing debate over privacy and compliance. Despite the challenges, Binance reports a 30% growth in users in 2023, showcasing resilience and continued trust from the global crypto community, even as it navigates through executive resignations and legal hurdles.

________


News Links 👇


https://www.coindesk.com/policy/2023/12/25/japans-cabinet-proposes-scrapping-corporate-tax-on-unrealized-crypto-gains/


https://cryptopotato.com/high-korean-bitcoin-premiums-signal-strong-retail-investor-activity-cryptoquant/


https://www.cryptotimes.io/china-busts-2-2b-forex-ring-linked-to-crypto-platforms/


https://blockworks.co/news/hong-kong-releases-crypto-etf-requirements


https://apps.sfc.hk/edistributionWeb/gateway/EN/circular/doc?refNo=23EC65


https://decrypt.co/62912/high-profile-bitcoin-etf-applications


https://decrypt.co/211114/india-block-binance-kraken-other-exchanges-crypto-crackdown


https://www.theblock.co/post/269613/okx-privacy-coins-delisting


https://unchainedcrypto.com/binance-reports-30-growth-in-users-in-2023-despite-resignation-guilty-plea-by-ceo/


——————————————————————


©Copyright 2023 Matthew Aaron Podcasts LLC

Hosted on Acast. See acast.com/privacy for more information.

Jaksot(703)

CRAIG COBB: WAR UNCERTAINTY, S&P WEAKNESS, AND A SIXTH RED WEEK

CRAIG COBB: WAR UNCERTAINTY, S&P WEAKNESS, AND A SIXTH RED WEEK

For more from Craig, visit www.thegrowmeco.com. Happy HodlingCraig kicked off the week focused on geopolitical uncertainty and the S&P 500, noting that after U.S. and Israeli strikes on Iran, futures ...

2 Maalis 6min

Live w/ Matt

Live w/ Matt

BITCOIN PRICE: WHAT I THINK IS ACTUALLY HAPPENINGI want to be very clear about this, because I’ve seen a lot of forced narratives flying around over the last couple of weeks. I don’t think Venezuela, ...

5 Tammi 17min

Dec 29: Huge Announcement

Dec 29: Huge Announcement

References & Affiliates📰 Matt Diemer on SubstackYEARS OF DAILY CRYPTO NEWS #1https://manifold.xyz/@dailycryptonews/id/4095779056YEARS OF DAILY CRYPTO NEWS #2https://manifold.xyz/@dailycryptonews/id/4...

29 Joulu 20259min

Dec 18: The Revolving Door Swings Again

Dec 18: The Revolving Door Swings Again

References & Affiliates📰 Matt Diemer on Substack📈 The Grow Me Co: Trading Business Webinar🏦 Fed Overhauls Bank Policy, Pulls Back From Prior Crypto-Focused Restrictions🏛️ Story of the Year 2025: C...

18 Joulu 202512min

Dec 17: When Crypto Partnerships Become Legal Liabilities

Dec 17: When Crypto Partnerships Become Legal Liabilities

References & Affiliates📰 Matt Diemer on Substack📈 The Grow Me Co: Trading Business Webinar🇮🇳 Indian MP Pushes Tokenization Bill to Democratize Investment Access for the Middle Class⚖️ Former Theta...

17 Joulu 202519min

Dec 16: Are Tokens Equity? The Reckoning of Axelar & Aave

Dec 16: Are Tokens Equity? The Reckoning of Axelar & Aave

Tuesday, December 16 - Here are the Headlines:Token vs Equity Crisis Goes Nuclear - Axelar, Aave, and Stream FinanceOCC Grants National Bank Charters to Ripple, Circle and OthersDeFi Saver Upgrades Sm...

16 Joulu 202515min

Dec 15: The $282K Solo Bitcoin Mining Win

Dec 15: The $282K Solo Bitcoin Mining Win

References & Affiliates📰 Matt Diemer on Substack📈 The Grow Me Co: Trading Business Webinar🇬🇧 UK Plans to Begin Regulating Cryptocurrency in 2027 👻 Phantom Wallet Integrates Kalshi Prediction Mark...

15 Joulu 202511min

Dec 12: Do Kwon Gets 15 Years for the Terra Collapse

Dec 12: Do Kwon Gets 15 Years for the Terra Collapse

References & Affiliates📰 Matt Diemer on Substack📈 The Grow Me Co: Trading Business Webinar🎯 Coinbase Expands Into Prediction Markets and Tokenized Stocks🎬 Hollywood Director Pleads Guilty to Scamm...

12 Joulu 202516min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
juristipodi
taloudellinen-mielenrauha
rss-sami-miettinen-neuvottelija
pomojen-suusta
rss-seuraava-potilas
leadcast
yrittaja
rss-startup-ministerio
rss-paasipodi
rss-draivi
rss-rikasta-elamaa
rss-markkinointitrippi
rss-bisnespaiva
rss-set-for-life-sijoita-ja-vaurastu