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Japan’s DPP Leader Proposes 20% Crypto Tax Cap and Regulatory Reform Ahead of Election

SUMMARY Japan’s Democratic Party for the People aims to lower taxes on crypto gains as part of its
thialand

Siam Commercial Bank of Thailand launches stablecoin service for cross-border payments.

SUMMARY SCB announced its stablecoin service for international payments is now fully commercialized after passing the central bank’s
ITALY

Italy to Increase Capital Gains Tax on Bitcoin from 26% to 42%, According to Reports

SUMMARY Italy’s tax authority intends to increase the capital gains tax on bitcoin to 42% in its 2025
AUSTRALIA

Australia’s First Spot Ether ETF Set to Launch on Tuesday

SUMMARY Monochrome is launching an Ethereum ETF following its spot Bitcoin ETF debut in August. The new spot
UNITED NATIONS

UN Agency Calls for Criminalization of Unlicensed VASPs in Southeast Asia

SUMMARY The UNODC has issued recommendations for addressing cyber-enabled fraud in Southeast Asia. It also warned that scammers
hong-kong

Hong-Kong Regulator to Approve More Crypto Exchange Licenses by Year-End

SUMMARY Julia Leung, CEO of the Hong Kong Securities and Futures Commission, stated that the regulator plans to

UAE Removes Value-Added Tax on Crypto Transactions

SUMMARY The UAE has eliminated value-added tax on all crypto transactions. This change enhances the legitimacy of the

Crypto Community Seeks More Clarity from Harris; Trump Victory Could Boost Sentiment

SUMMARY Despite Kamala Harris’s positive remarks, the crypto community still seeks clearer policies and action, according to Bernstein

Bitcoin Surges Past $62K Following Fed Rate Cuts: What’s Next?

SUMMARY The Federal Reserve cut rates by 50 basis points, with expectations of reaching a 4.4% median benchmark

BRICS: Russia Legalizes Crypto Payments for Trade

The BRICS bloc has taken a step into digital finance, as Russia has legalized crypto payments for trade.