While MKR has established itself as a transaction volume leader, challenges in RWA inflows have prompted a revenue shift towards alternative products, impacting the overall financial landscape of MakerDAO.
Cheng YuanThe Japanese National Tax Agency (NTA) reveals an increase in crypto tax violations, with 548 cases identified out of 615 inquiries in the fiscal year 2022. Although the average undeclared income per case dropped to $206,000, the cumulative value rose to $126.5 million, prompting calls for tax system reforms in Japan amid criticisms of the current structure's impact on firms holding coins.
JixuThe company behind the popular NFT project Moonbirds hopes to expand its partnerships and grow its brand beyond a Web3-native audience.
CoindeskMakerDAO (MKR) is planning to deposit $1.6 billion in USDC on Coinbase Prime to earn a yield of 1.5% per year. A poll on the proposal is three days away from closing. The decision could set the DeFi protocol on the path to centralization.
BeincryptoHe reiterated that the agency is equipped to provide regulation over much of the crypto market, including the two largest crypto, BTC & ETH.
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