Regulation

Japan’s FSA plans to reclassify 105 cryptoassets, including BTC and ETH, as financial products and introduce a flat 20% capital gains tax, replacing the current progressive rate of up to 55%.

Federal Reserve officials hint that a December rate cut is unlikely, citing ongoing inflation concerns and the need for more economic data before easing policy.

Dubai court freezes $456M tied to TrueUSD amid reserve fund scandal involving Techteryx, First Digital Trust, and Aria Commodities. Global crypto freeze precedent.