In the evening, the Ministry of Finance and the Internal Revenue Service jointly issued the latest broker interpretation. This interpretation will be implemented from 2025, transitioned in 2025 and 2026, and officially implemented in 2027. It will have a certain impact on the front end of the DeFi field, requiring users' KYC and brokers to pay taxes. This information has triggered a lot of discussion among many overseas friends. Because the specific implementation will be in 2027, and it will be after the transfer of power, the market generally believes that Trump is capable of withdrawing this interpretation.
I don’t know if it is a coincidence or some influence. Almost at the same time as the announcement, there was a general decline in cryptocurrencies. Of course, it may also be driven by the poor performance of U.S. stocks after the opening of the U.S. stock market. At present,#BTChas fallen below $95,000, but the market has not yet panicked. If it is because of this interpretation, then it will be enforced in 2027 for two years, so it is normal for the market not to react extremely. #美国加密立法或将重启 #加密市场调整 #FlokiETP流动性提案通过 #币安Alpha公布第8批项目