According to ChainCatcher, Bank of Japan Governor Kazuo Ueda has stated that the central bank may consider adjusting its policy if inflation accelerates rapidly. This announcement highlights the bank's readiness to respond to changing economic conditions and manage inflation effectively.

According to ChainCatcher, Arkham data reveals that at 17:20, a total of 2,295,500 TON tokens were transferred from one anonymous address, starting with Ef-yrZPT, to another anonymous address, beginning with EQDfBrT.

The global cryptocurrency market cap now stands at $3.13T, up by 3.00% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $89,500 and $92,222 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $90,318, down by -1.77%. Most major cryptocurrencies by market cap are trading lower. Market outperformers include LUNA, USTC, and SXP, up by 38%, 20%, and 20%, respectively. Top stories of the day: Crypto News Today: Japan Prepares Tax Cut, Aims to Boot Investor Confidence Solana News Today: SOL Price Slips 2% as Validator Debate Intensifies Bitcoin Spot ETFs Experience Significant Net Outflows and Inflows Trump Highlights Tariffs' Role in Strengthening U.S. Financial Power Hong Kong Plans to Implement Crypto Asset Reporting Framework U.S. Treasury's Record T-Bill Issuance Raises Debt Concerns CFTC Launches Digital Asset Pilot Program for Derivatives Market Crypto News; U.S. Treasurys Lead RWA Tokenization Boom as CoinShares Forecasts Major 2026 Expansion Market movers: ETH: $3116.6 (-1.29%) BNB: $886.07 (-2.47%) XRP: $2.0599 (-2.21%) SOL: $132.66 (-3.92%) TRX: $0.2809 (-1.95%) DOGE: $0.14035 (-2.51%) ADA: $0.4258 (-2.07%) WLFI: $0.1494 (-1.19%) WBTC: $90190.59 (-1.75%) BCH: $572.3 (-4.57%) Top gainers on Binance: LUNA/USDT (+38%) USTC/USDT (+20%) SXP/USDT (+20%)

Key TakeawaysJapan crypto tax slashed from 55% to a flat 20%Major cryptocurrencies reclassified as financial instruments under stricter lawNew rules mandate investor protection funds for all exchanges Japan's cabinet has approved sweeping new crypto rules, reclassifying digital assets as financial products and cutting the capital gains tax to 20%. This historic shift aims to reclaim the country's status as a leading crypto hub.Regulatory Reclassification and Tax ReformThe cabinet approved plans to move Bitcoin and other cryptocurrencies from the Payment Services Act to the Financial Instruments and Exchange Act (FIEA). This grants them the same status as stocks and bonds. Concurrently, the crippling 55% tax rate on crypto profits will be reduced to a flat 20%. The change aligns crypto with traditional investments and addresses a major barrier to adoption. Over 22% of former investors cited tax complexity as their main reason for exiting.Market Context and Investor ImpactThis reform directly tackles a crisis of confidence that has plagued Japan's market. Current digital asset investors identified tax complexity (60%) and volatility (61.4%) as top challenges. The high rate and arduous reporting requirements created a significant administrative burden. The new 20% flat tax and streamlined reporting remove a critical friction point. This is expected to improve market liquidity and buying pressure long-term.Enhanced Protections and ComplianceUnder the FIEA, 105 approved cryptocurrencies will face stricter rules. Issuers must provide full disclosure on technology and risks. Exchanges must now hold liability reserves to cover losses from events like hacks. These investor protection measures aim to build trust and market stability. However, they may raise compliance costs for smaller firms.Market OutlookThe legislative package will be submitted for a full review, targeting implementation in fiscal year 2026. Analysts see this as a bullish structural shift for Japan's crypto market. The alignment with traditional finance could unlock new institutional interest. The long-term wealth accumulation goal of 62.7% of Japanese investors may now be more achievable. 

A Binance employee was suspended for using insider information to promote a new token on the exchange’s official social media account. The token gained rapid attention and value, and Binance rewarded whistleblowers while promising stronger controls to prevent similar misconduct.

Binance stated that the Midnight (NIGHT) airdrop will resume at 17:30 (UTC+8) today.

بينما تتيح الأصول المشفّرة للبنوك فرصة لخلق مصادر جديدة للإيرادات، تحذّر Fitch من أنها قد تجلب مخاطر قد تؤدي إلى مراجعات في التصنيفات الائتمانية. source: https://ar.cointelegraph.com/news/fitch-ratings-warns-reassess-banks-with-high-crypto-exposure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

null source: https://x.com/solidintel_x/status/1998321284564869508

In an interview with AXIOS, Polymarket CEO Shayne Coplan stated that Polymarket is currently operating at a loss. "It's not that we don't like making money, but our priority is creating a completely new market and making it as large as possible, capturing as much market share as possible," he explained. Every prediction market has a spread, similar to sports predictions. Users don't outwardly pay transaction fees, but they do pay the spread. However, in the Polymarket market, the spread isn't taken by the platform; instead, it's distributed to users who provide liquidity, and the order placers earn the profits.

According to BlockBeats, spot gold prices have experienced a short-term increase of $12, reaching $4,200 per ounce, marking a 0. 23% rise for the day. source: https://www.binance.com/en/square/post/33474776535833?utm_source=BinanceNewsRSS

According to BlockBeats, spot gold prices have experienced a short-term increase of $12, reaching $4,200 per ounce, marking a 0.23% rise for the day.

Jupiter and SOLANA: Sparking a Solana "Civil War"? What are Kamino and Jupiter really fighting over? (Golden Finance: The Dispute Between Kamino and Jupiter)

Fidelity CEO Abigail Johnson shared insights on topics such as Bitcoin and early mining, crypto custody, stablecoins, innovative investment models, and "building your own vs. acquiring."

ChatGPT users saw prompts in their chats that looked like ads, causing confusion and concern. OpenAI said these were just experimental app suggestions, not paid advertisements, and has now removed the feature.

This Thursday (Beijing time), the Federal Reserve will announce its final interest rate decision of the year.

For an AI agent to truly become a "widely deployable autonomous software," it needs two core capabilities: composability and verifiability.

Some have pointed out that Paradigm is an investor in Kalshi (participating in all three of the most recent funding rounds), and Huang's repost was seen as "smearing a competitor."

X402, combined with stablecoins and crypto-on-chain infrastructure, will gradually and continuously impact the existing payment system. It not only utilizes stablecoins but also transfers money, credit, identity, and data into a parallel financial universe.

Grayscale believes that Bitcoin's market structure has transcended the patterns of its previous four-year cycles. Institutional fund flows and macroeconomic dynamics have reshaped Bitcoin's price movements.

Why does BTC always fall after the US stock market opens? Golden Finance: Is Jane Street the most likely manipulator behind this?