Coinedition

The Australian Treasury releases a consultation paper on the adoption of the CARF. The CARF, developed by the OECD, enables authorities to collect and share crypto tax-related information. The department invites public feedback on the proposal, with the consultation closing on January 24, 2025.

AI tokens break out simultaneously, signaling a potential bull run. INJ, GRT, and RENDER break out of bull pennant amid crypto market rally. AI tokens’ movement pattern suggests bullish breakout confirmation.

VeChain (VET) has recovered its bullish momentum. The supply chain crypto gained 134% within three weeks. Analysts are watching out for VET’s milestones.

The South Korean Democratic Party confirms its decision to implement a crypto tax by January 2025. Democratic Party’s policy committee Chairman, Jin Sung-joon, dismisses concerns about challenges. The party rejected suggestions for the suspension of the tax implementation for two years.