Japan’s Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains

Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry’s development, which it sees as a pillar of economic reform.Source

Solana’s SOL Rallies Past $100, Continuing Torrid Month

Memecoin traders and airdrop farmers are bringing more attention to Solana.Source

Hashdex Names BitGo as Bitcoin ETF Custodian as Applicants Continue SEC Meetings

Would-be bitcoin exchange-traded fund (ETF) issuer Hashdex changed its paperwork Friday, naming BitGo as its bitcoin custodian and changing the name of its Bitcoin Futures ETF to the Hashdex Bitcoin ETF as it – and other companies – continue to hope for an approval for the U.S.’s first spot bitcoin ETF early in the new year.Source

Nexo’s Money Laundering Investigation in Bulgaria Closed Due to Lack of Evidence: Report

The Bulgarian Prosecutor’s Office reported to have said that it found “no evidence of criminal activity,” adding that “no evidence of tax offenses or computer fraud was found against the defendants, either.”Source

SEC Blasts ‘Purportedly Decentralized’ DAOs in $1.7M Settlement with BarnBridge

BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.Source

Protocol Village: Fountain, Podcast App With Bitcoin Lightning Network Payments, Launches Redesign

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR’S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)Source

First Mover Americas: Optimism’s OP and Solana Rally

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say

The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.Source

Solana Nears $100 as Meme Coin Frenzy Continues to Drive Rally

Value locked on the blockchain’s applications has more than doubled since November.Source

Coinbase Approved as Virtual Asset Services Provider in France

The third-largest crypto exchange has said it wants to become regulated in countries with clear policies for the industry while it argues with the Securities and Exchange Commission for bespoke rules in the U.S.Source