3-25
South Korea Delays Planned 20% Crypto Gains Tax to 2027 After $110B Outflows
South Korean lawmakers from the ruling People Power Party and the opposition Democratic Party agreed to postpone a planned 20% tax on virtual-asset gains until 2027 after estimates showed $110 billion in annual outflows. Regulators said outflows accelerated in H2 2025, including $60 billion leaving in six months, as traders shifted activity to offshore venues offering futures, leverage and hedging tools not available domestically.
BTC
BTC-0.74%
3-25
3-25
CFTC Launches Innovation Task Force to Shape Crypto, AI, and Event-Contract Rules
The U.S. Commodity Futures Trading Commission has set up an Innovation Task Force to focus on crypto assets, blockchain, AI, and prediction markets, aiming to clarify oversight for new products in U.S. derivatives markets. The group will be led by senior advisor Michael J. Passalacqua and is expected to coordinate with other federal regulators, including the SEC, as broader market-rule updates continue.
BTC
BTC-0.74%
3-25
3-25
CBRT Weighs Gold-to-FX Swaps to Support the Lira as Inflation Hits 31.5%
Turkey's central bank is weighing gold-for-foreign currency swap operations to increase FX liquidity and help stabilize the lira, with discussions described as ongoing as of March 24, 2026. The plan would use Turkey's roughly $135 billion in gold reserves, including an estimated $30 billion held at the Bank of England, alongside other steps taken during a period of high inflation and higher energy costs.
BTC
BTC-0.74%
3-25
3-25
Why Is Circle (CRCL) Stock Down Today? CLARITY Act Draft and Wallet Freeze Spark 20% Plunge
Circle Internet Group (CRCL) shares cratered on March 24, 2026, dropping 20.11% to close at $101.17. The sharp sell-off effectively wiped out a significant portion of the gains from its massive March rally. The decline was triggered by a perfect storm of leaked legislative drafts targeting stablecoin yield and a controversial on-chain freezing incident that reignited fears over centralization.
USDC
USDC+0.01%
3-25