Japan to Remove Tax on Unrealized Crypto Gains

The Japanese cabinet has given its approval to a proposal from the ruling Liberal Democratic Party that aims to eliminate taxation on unrealized gains from cryptocurrencies. This move is expected to foster growth in the country’s Web3 industry. The proposal, pending discussion in Japan’s parliament (Diet), seeks to abolish corporate taxation on the difference between market and book values of […]

Solana Breaks Above $100 Barrier

On Saturday, Solana blockchain’s native token SOL surpassed $100, reaching a price level not seen since Terra’s collapse a year and a half ago. Currently valued at approximately $102 per coin, SOL has exhibited over a tenfold increase in value throughout 2023, with a remarkable 70% surge in December alone, as reported by CoinDesk Indices. The recent price surge follows […]

Swych Finance Releases the Next Generation of Decentralized Perpetual Exchanges

DeFi, Crypto World, December 23rd, 2023, Chainwire Where decentralized perpetual trades are more transparent and easy to use, in an ecosystem full of exciting features Picture a world where the traditional rules of the game don’t bind cryptocurrency trading. This is where perpetual decentralized exchanges (PDEXs) come into play, a relatively new kid on the block in the grand scheme […]