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South Korea weighs crypto tax abolition amid new income tax regime

A deputy minister from the tax office in South Korea said that the National Assembly should discuss abolishing the tax on crypto asset gains.

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Author: Danny Park

Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say

Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.

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Author: Shaurya Malwa

Frax Finance’s Layer 2 Fraxtal to Debut in February: Founder

Kazemian expects Fraxtal to debut with a bang, attracting at least several hundred million dollars worth of crypto assets in the first month.

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Author: Omkar Godbole

Donald Trump says he’ll ‘never allow’ CBDC issuance if elected

The former US president said in a campaign speech in New Hampshire that he won’t allow a central bank digital currency if he gets elected.

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Author: Timmy Shen

TrueUSD continues to depeg, hits low point of $0.97

Stablecoin TrueUSD (TUSD) dropped to a point of around $0.9708 on Thursday morning in Asia. TUSD has since slightly recovered.

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Author: Danny Park

Donald Trump Promises to “Never Allow” Central Bank Digital Currencies (CBDC) if Elected

Former President Donald Trump joins Ron DeSantis as a critic of CBDCs.

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Author: Sam Reynolds

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

Crypto firms have to do checks on transactions of 1000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

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Author: Sandali Handagama

Coinbase takes its turn in court, arguing the tokens it listed are not securities

Expectation of profit is not enough to deem tokens securities, Coinbase argued in court with the SEC on Wednesday.

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Author: Sarah Wynn and Anna Baydakova

The Protocol: MetaMask’s Secret Weapon and Ethereum’s Dencun Debacle

In this issue of CoinDesk’s weekly newsletter on blockchain technology, we bring you Sam Kessler’s scoop on MetaMask’s in-development “intents” feature that could revolutionize how users interact with blockchains. Also: a post-mortem on Ethereum’s unexpectedly ugly Dencun testnet upgrade – and a glimpse of one of the new data blobs.

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Author: Bradley Keoun

Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings

The U.S. Securities and Exchange Commission (SEC) case against Coinbase delves into a ton of complexity, but before anything else, a judge has to decide whether transactions in about a dozen tokens traded on the U.S. exchange were securities.

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Author: Jesse Hamilton, Elizabeth Napolitano


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