According to ShibDaily, Thailand has announced a five-year tax exemption on income from the sale of cryptocurrencies, including Bitcoin, for transactions conducted through licensed crypto asset service providers. This exemption, effective from January 1, 2025, to December 31, 2029, aims to bolster Thailand's position as a global financial hub. The Ministry of Finance revealed that capital gains tax will be waived for cryptocurrency sales made through licensed digital asset service providers. Deputy Finance Minister Julapun Amornvivat highlighted that this policy aligns with Thailand's proactive approach to digital asset regulations and taxation frameworks, reinforcing its commitment to financial innovation. The tax exemption is intended to encourage cryptocurrency trading within Thailand's regulatory framework, ensuring transactions are overseen by the Thai Securities and Exchange Commission (SEC). This initiative is designed to comply with Anti-Money Laundering (AML) standards set by the Financial Action Task Force (FATF), promoting growth and compliance in the country's digital asset sector. The Deputy Finance Minister emphasized the increasing significance of cryptocurrency in supporting fundraising activities, viewing it as a crucial application of digital asset technology that could drive innovation across Thailand's financial landscape. The ministry anticipates that crypto assets will contribute to economic growth and enhance tax revenue in Thailand over the medium term, with projected gains of at least 1 billion baht, approximately $30.7 million. Thailand's decision reflects a broader trend among nations striving to balance innovation with regulatory oversight as digital assets become more integrated into global finance. While some countries impose stricter regulations, Thailand is fostering growth by incentivizing legal compliance and encouraging participation through policy reform. As the regulatory environment continues to evolve, Thailand's efforts may serve as a model for other countries considering the economic and technological benefits of embracing cryptocurrency. Whether this strategy will yield long-term success remains uncertain, but Thailand is currently positioning itself as a regional leader in developing forward-looking digital asset frameworks that align with international standards.

Odaily Planet Daily News: US President Trump said, I will take very short-term actions to push interest rates down significantly, and then take long-term actions. (Jinshi)

Odaily Planet Daily News: US President Trump said that it would be very good to reduce the federal funds rate by 2.5 percentage points. (Jinshi)

Odaily Planet Daily News: US President Trump said that Federal Reserve Chairman Powell is not a "smart man" and may not cut interest rates today. If the Fed lowers interest rates, the United States will be able to buy debt at a lower price, and the interest rate level should be two percentage points lower than the current level.

TL;DR Strategic Adjustments: ARK Invest divested roughly $45M in Circle shares, capitalizing on new market dynamics following the bipartisan Senate approval of the GENIUS Act. Regulatory Milestone: The GENIUS Act sets clearer rules for stablecoin operations, a move welcomed by many in the industry, with Circle’s CEO even applauding it as “genius. ” Portfolio Rebalancing: This. . . source: https://crypto-economy.com/ark-invest-trims-nearly-45m-in-circle-shares-amid-genius-act-surge/

On Wednesday, June 18, Pan Gongsheng, governor of the People’s Bank of China, mentioned stablecoins for the first time at the 2025 Lujiazui Forum.

مرحبًا بك في عالم التداول بالعملات الرقمية! إذا كنت تتطلع لاستكشاف فرص لا حصر لها في سوق الكريبتو سريع التطور، فإن Bitget توفر لك منصة قوية وسهلة الاستخدام. يركز هذا الدليل على كل ما تحتاج معرفته لاستخدام تطبيق Bitget على هاتفك المحمول، مما يجعله رفيقك الأمثل في رحلتك التداولية. سواء كنت متداولًا متمرسًا أو بدأت … source: https://btcacademy.online/%d8%af%d9%84%d9%8a%d9%84%d9%83-%d8%a7%d9%84%d8%b4%d8%a7%d9%85%d9%84-%d9%84%d8%a7%d8%b3%d8%aa%d8%b9%d9%85%d8%a7%d9%84-bitget-%d8%b9%d9%84%d9%89-%d8%a7%d9%84%d9%87%d8%a7%d8%aa%d9%81-%d8%a7%d9%84%d9%85/?utm_source=rss&utm_medium=rss&utm_campaign=%25d8%25af%25d9%2584%25d9%258a%25d9%2584%25d9%2583-%25d8%25a7%25d9%2584%25d8%25b4%25d8%25a7%25d9%2585%25d9%2584-%25d9%2584%25d8%25a7%25d8%25b3%25d8%25aa%25d8%25b9%25d9%2585%25d8%25a7%25d9%2584-bitget-%25d8%25b9%25d9%2584%25d9%2589-%25d8%25a7%25d9%2584%25d9%2587%25d8%25a7%25d8%25aa%25d9%2581-%25d8%25a7%25d9%2584%25d9%2585

Nobitex, Iran’s largest crypto exchange, suffered a major hot‑wallet hack this week. On June 18, 2025, on‑chain investigator ZachXBT revealed through Telegram that attackers drained at least $81 million of digital assets across Tron and EVM‑compatible chains. source: https://www.thecoinrepublic.com/2025/06/18/pro-israel-group-claims-81m-crypto-hack-at-irans-nobitex-exchange/

According to Foresight News, Deutsche Bank strategist Marion Laboure has indicated that a newly Senate-approved stablecoin regulation bill could reinforce the U.S. dollar's global dominance in the digital era. Once enacted, the legislation would enable dollar-pegged stablecoins, which currently hold a significant market share, to attract foreign liquidity. This development is expected to accelerate the adoption of digital dollars in economically unstable regions without relying on central bank digital currencies or traditional banking systems.

Odaily Planet Daily News According to the monitoring of on-chain analyst Yu Jin, a whale decided to sell 1,270.5 MKR (US$2.48 million) after holding it for more than 2 years: transferred to Kraken 15 minutes ago. These 1,270.5 MKR were purchased by him through Kraken, Binance, and Wintermute between 2022 and 2023, with an average price of US$895. 15 minutes ago, he decided to sell these MKR and transferred all of them to Kraken. At the current price of MKR, he will realize a profit of US$1.34 million (+118%).

The U. S. Securities and Exchange Commission (SEC) has officially started a formal process to decide whether to approve or reject the proposed Franklin XRP ETF source: https://coinpedia.org/news/xrp-etf-approval-decision-expected-by-september/

JD.com’s layout can be interpreted as a bottom-up exploration of the internationalization of the RMB driven by market forces.

The central bank governor mentioned stablecoins for the first time. You need to pay special attention to this signal.

No matter what risk isolation measures Tether takes, it will ultimately be difficult to escape the "long-arm jurisdiction" of the United States.

Recommended readings tonight: 1. The GENIUS Act was passed by the US Senate. What impact will it have on the crypto industry? 2. Bitwise: What is fiat currency? Why are people rushing to buy gold and BTC? 3. How the GENIUS Act shakes the throne of Tether.

Stablecoin, Liu Qiangdong announced the development of stablecoin. Big companies have found a "new gold mine". Golden Finance, cryptocurrency has returned to the mainstream vision as a legal entity.

JD.com, the Chinese e-commerce giant, has announced plans to apply for stablecoin licenses in multiple countries as part of a comprehensive strategy to revolutionize cross-border payments.

China’s central bank announced a new international hub in Shanghai to support the global use of its digital yuan. The move is part of a wider plan to reduce reliance on the US dollar and promote financial innovation through blockchain technology.

Hong Kong, Stablecoin, Interpretation of Hong Kong's new stablecoin regulations: How to reshuffle the industry landscape? Golden Finance, Without trust, innovation will eventually fail!

What is truly scary is not that the technical narrative cannot be delivered, but that everyone simply abandons narrative packaging and fully embraces the MEME-based casino culture.