RWA ๐ Global & Macro: The UK’s first crypto tax report shows 240 individuals declared ยฃ717 million in crypto capital gains, highlighting significant wealth and the need for clear tax frameworks.
๐ฆ RWA & Institutional: No direct RWA tokenization news this hour, but the UK tax data signals growing institutional and regulatory focus on digital assets, potentially paving the way for compliant RWA adoption.
โก Crypto & Markets: Bitcoin fell below $78,000 and Ether dropped below $2,450, reflecting continued sell-off pressure and investor caution amid broader market uncertainty.
๐ก Key Takeaway: Crypto markets remain under pressure, but regulatory milestones like the UK’s tax disclosure indicate maturing oversight that could benefit long-term institutional participation.