π―π΅ Analyst Willy Woo: classifying Bitcoin as a financial product in Japan will reduce the profit tax rate from 43-55% to 20%, which will incentivize Japanese people to buy BTC. According to him, this will also extend to ~110 other cryptocurrencies
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πΊπΈ Vitalik Buterin: The crypto industry needs higher-quality decentralized stablecoins, but this requires solving three key problems: finding a more suitable index than the US dollar, creating decentralized and resilient oracles, and addressing the competition problem created by staking yields
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