According to Nikkei, Japan's Financial Services Agency (FSA) plans to request a review of its treatment of cryptocurrency transactions starting in fiscal year 2026, with the goal of mirroring the treatment of listed stocks.
The request, to be formally submitted by the end of August, will include moving cryptocurrency gains to a separate tax bracket subject to a flat 20% rate.
As part of the tax reform, industry players are also requesting the ability to carry forward losses for three years.

Crypto KOL AB Kuai.Dong notes:
WLFI pre-market contracts are trading flat at $0.36, with a total valuation of $36.4B.
If only 20% of public sale tokens unlock at launch:
0.015 participants: 4.8x profit, total unrealized gains 24x
0.05 participants: 1.44x profit, total unrealized gains 7.2x
#WLFI # Crypto #TokenUnlock # Web3 #Altcoins

🚨 Market Alert: XRP breaks above $3, hitting $3.05 with a +6.41% 24H surge.
📊 Market cap now at $181.41B, surpassing Pinduoduo ($184.05B) and Deutsche Telekom, ranking #107 globally by asset market cap.
#XRP # Crypto #MarketCap # Web3 #Altcoins

Farside Investors reports:
U.S. Spot Bitcoin ETFs saw $1.178B net outflows this week. Breakdown:
BlackRock IBIT: -$615M
Fidelity FBTC: -$235.3M
Bitwise BITB: -$60.8M
ARKB: -$182.3M
CoinShares BRRR: -$4.3M
Grayscale GBTC: -$118.1M
Grayscale Mini BTC: -$2.5M
Franklin EZBC: +$13.4M
VanEck HODL: +$26.4M
#Bitcoin # BTC #ETF # GBTC #Web3

Aug 23 — Farside Investors reports:
U.S. Spot Ethereum ETFs saw $241M net outflows this week. Breakdown:
BlackRock ETHA: -$8.3M
Fidelity FETH: -$79.7M
Bitwise ETHW: +$2.9M
VanEck ETHV: -$1.6M
Invesco QETH: -$7.4M
Franklin EZET: -$7.4M
Grayscale ETHE: -$88.9M
Grayscale Mini ETH: -$50.4M
#Ethereum # ETH #ETF # Grayscale #Web3

🚀 Flipflop launches its first 30 projects, showing steady growth!
Built on Solana, it’s the first fair launchpad using Bitcoin halving + difficulty mechanisms.
Resists pump & dump, favors steady upward growth 📈
URC codes + Refund system protect IP & community
All mint fees go to liquidity 💧
Social features enable community governance & ecosystem growth
Future-ready for AI-powered token launches 🤖
#Flipflop # Solana #FairLaunch # AI #Web3

Midday News Update #Web3
📉 Fed's 25 Basis Point Rate Cut in September as Base Case Scenario
🚀 ARK Announces Upcoming Mainnet Launch
📉 ETH Falls Below $4,700
⏰ USDJ Sunset Plan Delayed
📋 Ethereum Foundation Releases Protocol Update 002
#Fed # Crypto #Ethereum

Ethereum Foundation releases Protocol Update 002, highlighting Data Availability Sampling (DAS) progress:
PeerDAS: Fusaka’s new design, scaling blobs from 6 → 48 per block
BPO fork: gradual blob increase + bandwidth optimizations
Glamsterdam: advanced networking iteration on PeerDAS
Mempool sharding: preserves Ethereum value amid data growth👉 Next-gen DAS will drive secure DA scaling.
#Ethereum # ETH #DAS # DataAvailability #Web3

Aug 23 — Data from strategicethreserve 📊 shows:
U.S. Spot Ethereum ETFs surpass $30B AUM for the first time!
Holdings: 6.48M ETH (~$30.37B), accounting for 5.36% of ETH circulating supply. 🚀
#Ethereum # ETH #ETF # Crypto #Web3

Morning News Update #Web3
💰 Pendle TVL Surpasses $10 Billion, Setting New All-Time High
📈 Ondo Finance to Launch Tokenized Stocks on September 3rd
📋 Multiple Issuers Submit Revised XRP Spot ETF Applications
⛽ Ethereum Hits All-Time High with Average Gas Fee of Only 0.4 gwei
🚀 Ethereum Ecosystem Rallies Across the Board, Staking Sector Leading the Gains
#DeFi # Ethereum #Crypto

Ledn CEO Adam Reeds warns ⚠️ the crypto treasury boom may be fading.
In 5 years, MicroStrategy soared 24x vs BTC’s 10x, but such outperformance may not return. 📉
Signs show DAT market cap slipped under $150B, BTC treasuries shrank to $134B despite stable prices.
#Bitcoin # MicroStrategy #CryptoTreasury # BTC #Web3

🔥 BREAKING: Mantle Network stablecoin supply hits $713.8M, up 210% YoY, marking an all-time high.
#Stablecoin # Mantle #CryptoNews

⚡️ JUST IN: Swiss asset manager Tyr Capital launches a new crypto market-neutral hedge fund.
⚖️ The fund uses arbitrage & market-neutral strategies to deliver returns, with a meta-strategy mix designed to stay independent of market direction. (Globe Newswire)
#CryptoNews # HedgeFund #DeFi

🚨 BREAKING: Kroll faces class-action lawsuit over its Aug 2023 data breach.
📩 Filed by FTX creditor Jacob Repko & others, the suit alleges leaked data led to relentless phishing targeting crypto claimants — some hit with scams almost daily.
⚖️ If successful, victims may receive compensation & Kroll could be forced to change operations.
#FTX # CryptoNews #Security