Australia crypto tax reform debate

Treasury may replace 50% CGT discount with inflation indexation, affecting crypto investors. Current rules apply 50% discount on gains after 12 months.

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The DeFi Liquidity Crisis is real. $14 BILLION has vanished from protocols in just weeks. 📉💸

April 2026 officially hit a grim milestone as the most-hacked month in history. Here is the damage report:

🚨 The Body Count:

• Total Lost (April): $651 Million

• Frequency: ~1 major hack every single day

• YTD Total: Over $1.08 Billion stolen across 68+ incidents

🔥 Recent Major Hits:

• Kelp DAO: $293M (rsETH frozen)

• Drift Protocol: $285M

• TrustedVolumes: $6.7M (Just 4 days ago)

⚠️ The Fallout:

Panic-selling and "flight to safety" have triggered a massive $14B outflow. Investors are ditching high-yield pools for cold storage as smart contract trust hits an all-time low.

The Lesson: Audits aren't a shield; they're a baseline. If you aren't tracking your permissions, you're at risk. 🛡️

#OpenAI employee stock sales #Australia crypto tax reform debate #Fed chair transition confirmed #CLARITY Act Senate vote #South Korea builds crypto tax AI system

$BTC

$XAUT $ONDO

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LATEST🚨 South Korea crypto volumes plunge as regulators tighten AML rules and propose a 22% tax, while Bithumb's accidental 620,000 BTC reward triggers an emergency sell-off.📉

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South Korean investors withdraw from crypto, capital shifts to equities The total crypto assets of South Korean investors have declined by more than 50% over the past year, dropping from $83.3 billion to $41.4 billion, while daily trading volume on major exchanges has fallen from $11.6 billion to $3 billion. The primary reasons are falling crypto prices and a shift in capital toward the stock market. Regulatory pressure has also intensified, as the government prepares to implement new AML regulations starting in August, which will automatically flag as suspicious any crypto transactions exceeding 10 million won (approximately $6,900) involving foreign exchanges or personal wallets. Additionally, a 22% tax on crypto profits is expected to take effect at the beginning of 2027.

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South Korean investors’ cryptocurrency holdings shrank by over 50% in one year, with funds accelerating into the stock market. Odaily May 10, 2026 Data submitted by the Bank of Korea to the National Assembly shows that the value of crypto assets held by Korean investors has

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South Korea's crypto holdings have halved in a year, with investors pivoting to the stock market. Meanwhile, three young DeFi apps have returned $96M in revenue to token holders in 30 days. A fascinating contrast in market trends! #Crypto #DeFi

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South Korea's crypto holdings dropped 50%+ over the past year, yet stablecoin holdings showed clear resilience — declining far less than the broader market. 📉🔁 Meanwhile, some funds appear to be rotating into local equities. A shift in risk appetite, not a crypto exit. 📊 #Web3 #Crypto #Stablecoins

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🚨 NEW: South Korean crypto holdings reportedly fell by more than 50% in one year Investors are moving capital back into the stock market as regulation, taxes, and weaker crypto momentum put pressure on retail activity. ➖ South Korea has been one of crypto’s most active retail markets ➖ Lower holdings can affect liquidity and trading volume ➖ Capital usually moves where confidence and opportunity look stronger Not every crypto story is adoption. Some stories show where attention and money are leaving. Could clearer rules and stronger market structure bring retail capital back? #Crypto

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I'm watching South Korea's crypto holdings get cut in half as retail pivots to #equities📉 This is what regulatory uncertainty actually looks like in practice. When confidence erodes, flows follow. #Asia was supposed to be the next growth engine #Crypto #Regulation #Markets

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As Kenya hosts the Africa Forward Summit 2026, we need a breakdown of the budget spent. Hatutaki kuskia in a few months time " auditor General flags millions taxpayers lost"