South Korea’s Democratic Party (KDP) has shifted its stance on the proposed crypto capital gains tax, now agreeing to delay its implementation for another two years, pushing the tax start date to 2027.
Coinbase has notified its European customers about upcoming restrictions on certain stablecoins, which will be enforced due to the upcoming Markets in Cryptoassets (MiCA) regulatory framework.
Peter Brandt, a renowned market analst, has warned that Bitcoin is unlikely to deliver the same level of wealth to investors as it did in its early years.
Crypto analysts are forecasting a possible market pullback in December before the next upward movement takes hold.
David Marcus, former head of Facebook’s Diem project, revealed that the initiative’s failure was largely due to political pressure, not regulatory issues.
Significant gains may be on the horizon for several cryptocurrencies this quarter. Analysts forecast that Polygon’s token could climb over 1,000%.
XRP has experienced a remarkable rally, climbing to $1.84 and achieving its highest value in over three years, with a staggering 267% increase this month.
On November 29, spot Ether exchange-traded funds (ETFs) saw a significant surge in daily inflows, setting a new record with $332.9 million entering the market.
The crypto world is currently agitated as investors continue to hunt for the next big crypto investment opportunity.
Japan’s Financial Services Agency (FSA) is cracking down on several overseas cryptocurrency exchanges, accusing them of operating illegally within the country.