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  • YZi Labs is pushing for a board overhaul at CEA Industries, the firm managing the BNB treasury, as it seeks to revitalize its performance amid continued struggles.
  • Japan has enacted a new 20% tax on crypto profits, aligning it with stock taxation, as part of broader reforms to simplify its crypto tax structure and reduce rates from as high as 55%.
  • Vanguard is opening its platform to crypto ETFs for its over 50 million clients, reversing its earlier stance against crypto investment and indicating a shift towards accommodating digital assets amid rising demand.
  • Bitcoin's price has faced pressure, falling below $85,000 as concerns surrounding the US dollar stablecoin and a downturn in the global market weigh on investor sentiment, with predictions suggesting further potential declines.
  • Major developments in crypto regulation are underway, with U.S. lawmakers preparing to propose new stablecoin regulations while South Korean officials set a deadline for stablecoin legislation as authorities across the globe respond to the evolving market environment.

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