CryptoBlog n.2445
Ukraine is expected to legalize cryptocurrency by the first quarter of 2025. However, tax benefits for crypto assets are unlikely to be introduced. According to Daniil Hetmancev, head of the tax committee of the Ukrainian Parliament, the working group is finalizing the draft law for the first reading, and the law will be adopted in collaboration with the National Bank and the IMF, with no tax exemptions for crypto, as it will be taxed like securities.
CryptoBlog n.2444
💰 Japanese lawmaker urges consideration of Bitcoin reserve in light of US efforts Japanese lawmaker Satoshi Hamada has called on the government to explore the possibility of integrating Bitcoin (BTC) into its foreign exchange reserves, emphasizing its potential as a strategic asset amid growing global interest in crypto adoption. During a Dec. 11 parliamentary session, Yamada posed questions about Japan’s approach to crypto reserves.
CryptoBlog n.2437
🖼 G-shock partners with Illuvium on a new NFT project, featuring 6 cool characters NFTs have re-emerged, and the market cap for different coins has skyrocketed. Ever since the bull run kicked off in 2024, multiple blockchain projects have been launched to capitalize on this. Illivum recently announced an NFT project that merges two fields, horology and blockchain, by partnering with Casio G-shock while creating NFTs.
CryptoBlog n.2431
🇦🇺 Australia intensifies crypto ATM oversight to curb money laundering risks The Australian Transaction Reports and Analysis Centre (AUSTRAC) has intensified efforts to enforce Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) regulations among crypto ATM providers. Despite the country having around 400 registered crypto exchanges, only a small portion operate crypto ATMs. This gap leaves a significant share of Australia’s 1,200 crypto ATMs potentially non-compliant.