Whales/institutions have been accumulating #Solana #DeFi tokens recently. Over the past 2 days, three wallets withdrew $15.9M worth of #DeFi tokens from exchanges, including: 7.39B $PUMP($13.77M) 8.02M $CLOUD($621K) 9.06M $KMNO($539K) 1.33M $JTO($521K) 3.05M $DRIFT($479K)

According to the Financial Times, the UK and over 40 other countries began enforcing new crypto tax reporting rules on January 1 under the OECD’s Cryptoasset Reporting Framework (CARF). Major exchanges must collect and report UK users’ transaction data and tax residency to HMRC.