"Binance's Data Dilemma: Transparency vs. Market Impact"

Binance Faces Pressure to Disclose Liquidation Data Amid Regulatory Scrutiny
Binance is under increasing pressure to disclose its liquidation data as regulators scrutinize the crypto exchange's practices. Coinglass, a crypto analytics platform, has urged Binance to enhance its transparency by publicly disclosing all liquidation data. Binance CEO Changpeng Zhao (CZ) argues that revealing extensive liquidation data could negatively affect their perpetual futures trading. However, the absence of this information may hinder market confidence and draw regulatory attention.
Data transparency is a core value of the blockchain ecosystem, and there is a growing consensus that clear reporting practices are essential for the long-term credibility and stability of cryptocurrency exchanges. Binance's decision to curtail the publication of liquidation data in June 2021 has raised concerns about the exchange's commitment to transparency and market integrity.
Japan's crypto policy shift: PM Ishiba calls digital assets 'extremely important'
Japanese media outlet Iolite reports that Japan is shifting its approach to cryptocurrency regulation, with Prime Minister Shigeru Ishiba highlighting the importance of digital assets in addressing economic challenges and fostering innovation. The government is moving towards a more structured regulatory framework, with Finance Minister Katsunobu Kato confirming that the country’s new crypto tax policies will be finalised by June 2025.
This marks a significant step for Japan’s crypto sector, which has long faced scrutiny due to stringent taxation rules. With global competition heating up, Japan’s policymakers are under pressure to strike a balance between encouraging investment in blockchain technologies and ensuring financial stability.
Ishiba’s recent remarks suggest that the government recognises crypto as a key component of Web3 development, positioning Japan as a leader in digital finance. However, the debate over taxation and regulatory classification continues, with lawmakers pushing for reforms to make the country more competitive.
Crypto tax reform by mid-2025
Japan’s crypto industry has long faced hurdles due to high tax rates, with digital assets currently categorised under “miscellaneous income.” This classification means investors can be taxed up to 55% on crypto gains, making it one of the most stringent tax regimes globally.
The Liberal Democratic Party (LDP) has proposed reforms aimed at making cryptocurrency a more viable

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