The world’s third-largest economy is reclassifying crypto as a financial instrument and charting a path to slash punishing tax rates. The change reaches far beyond Japan, and most of the coverage is getting the details wrong. Summary Japan has taken a major step toward treating crypto like a mainstream financial asset. The 20% crypto tax…
As global investors race to fund the infrastructure underpinning the artificial-intelligence boom, Canada Pension Plan Investment Board’s CPP Investments has committed up to ₹70 billion (about $741 million) to Indian data center operator CtrlS, betting on India’s growing role in the global buildout of cloud and AI infrastructure. Under the partnership announced on Wednesday, CPP…
With just 13 days until the EU’s MiCA deadline, BitGo has introduced a compliance bridge that may allow many crypto firms, including Binance, to operate legally in Europe. Currently, only 194 authorized Crypto Asset Service Providers exist out of over 3,000 registered firms pre-MiCA, according to law firm Hogan Lovells. Binance applied for a pan-EU…
Salesforce is making another major bet on AI agents. The company announced Monday that it has signed a definitive agreement to acquire AI customer service company Fin, formerly known as Intercom, for approximately $3.6 billion. Salesforce plans to integrate Fin into Agentforce, its flagship AI agent platform, as competition intensifies among enterprise software vendors racing…
Key Takeaways CZ praised Hyperliquid on the Galaxy Brains podcast but warned of compliance risks tied to no-ID trading. Uniswap head Hayden Adams said U.S. securities law limits startup investing to existing millionaires, reviving an old debate. The remarks land as Hyperliquid trades at record HYPE prices and DeFi presses for clearer U.S. rules. CZ:…
The company quickly reassured its users that it’s working on securing the necessary license. Citing people familiar with the matter, Reuters reported that the world’s largest cryptocurrency exchange could be forced to stop service to European Union customers as early as next month after its application for a key regulatory license is set to…
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Australia’s High Court has unanimously ruled 7-0 in favor of the Australian Securities and Investments Commission, finding that Block Earner’s former fixed-yield crypto product required a financial services licence under existing law. Summary Australia’s High Court ruled 7 to 0 that Block Earner’s former fixed yield crypto product required a financial services licence. The decision…
Some trolls experience buyer’s remorse, Margera says, chuckling. He says a man from Texas recently emailed the morning after spending $5,000 sending variations of the message, “Wake up, pussy!” He pleaded his case: He was drinking and blacked out. Margera wasn’t sympathetic. “Eat a dick!” he said. “That’s what you get.” The team welcomes me…
Key Takeaways Kalshi’s perpetual futures cleared $5.5 billion in two weeks, up from $1 billion in week one. The CFTC approved Kalshi’s BTCPERP contract on May 29, 2026, opening US perpetuals to regulated venues. Kalshi lists 11 crypto perp contracts and is in talks with regulators to expand into other assets. From $1 Billion to…
