Regulations
Japan to Exempt Token Issuers From Corporate Tax on Unrealized Gains
Project founders will no longer be subject to hefty taxes which forced them abroad from next April onwards.

Basel Committee Endorses Global Crypto Banking Rules to Be Implemented by 2025
The rules suggested that a bank's exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.

US Rings Crypto Warning Bell That Regulators Say Only Congress Can Silence
The latest report of the Financial Stability Oversight Council says the risky sector needs Congress to intervene, though crypto hasn’t yet posed a danger to the wider financial system.

Media Groups Win Right to Argue for Publication of FTX’s Million-Strong Creditor List
A final decision on whether to publish the names, which the collapsed crypto exchange says could advantage competitors and breach privacy laws, will follow in January.

DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say
The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.

EU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot
Requirements to test people's knowledge of distributed technology could deter the average retail investor, some worry.

Embattled Crypto Firm FTX Wants to Sell Its Functioning Units, Including LedgerX
FTX filed for bankruptcy protection last month, reporting it has more than $10 billion in liabilities.

Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision
Rep. Patrick McHenry. who chairs the committee in January, expressed his concerns in a letter to Treasury Secretary Janet Yellen.

BZeroX Founders Are No Longer Part of Ooki DAO, Lawyer Says
A federal judge this week ruled the CFTC should serve the Ooki DAO lawsuit to Tom Bean and Kyle Kistner.

Crypto Trading Firm Wintermute Given Seat on Key FTX Creditor Committee
The crypto firms and individual investors will play a key role in representing the issues of the million or so potentially owed money by Sam Bankman-Fried’s company
