The French National Assembly passed the 2027 budget amendment with 38 votes in favor, 37 votes against, and 25 abstentions, proposing to cancel the deferred tax treatment for cryptocurrency exchange for a single currency stablecoin from January 1, 2027, and include related transactions in the scope of capital gains taxation. When investors exchange encrypted assets for stablecoins pegged to fiat currencies such as euros and US dollars, they are required to pay capital gains tax at a uniform rate of approximately 31.4%. The amendment was proposed by French parliamentarians Nicolas Sansu and others, and the French Minister of Public Accounts called for its withdrawal. The amendment has only passed the first reading of the National Assembly and still needs to go through the Senate's deliberation and subsequent legislative procedures. (Source: The Defiant)

Ma Ji, the elder brother, reopened a 25 fold leveraged Ethereum multi order after experiencing a liquidation. Currently, he holds 1325 ETH with a position value of approximately 3.2 million US dollars and a floating profit of approximately 30000 US dollars. The liquidation price is 2368 US dollars.

Hyperliquid platform address 0x77d... ae0e9 holds ETH with a floating loss of 9.493 million US dollars. Since September 21st, the address has opened more than 13 times more orders, reducing its position by 8250 ETH and losing 2.277 million US dollars. Currently, it still holds 40268.75 ETH (approximately 97 million US dollars), with an average opening price of 2646.05 US dollars, a clearing price of 2290.99 US dollars, and a remaining clearing space of 116.51 US dollars. (Auntie Ai)

[South Korean Government to Hear Taxation Opinions from Five Major Crypto Exchanges on October 20] The South Korean government will convene representatives from five major virtual asset exchanges—Upbit, Bithumb, Coinone, Digital X, and GOPAX—as well as executives from DAXA on October 20 to gather opinions regarding virtual asset taxation and related tax standards. The current proposal plans to impose a 22% income tax on virtual asset transfer and lending income after deducting a basic tax exemption amount of 2.5 million Korean won. Park Min-gyu, a member of South Korea's Democratic Party, has proposed an amendment to delay the implementation of virtual asset income tax until 2029. (Source: Yonhap News)

The multiple orders held by Huang Licheng were all liquidated 4 hours ago, and the 250000 USDC deposited two days ago has almost been depleted. Huang Licheng made a profit of $44.84 million on Hyperliquid a year ago, but has now given up all profits and incurred an additional loss of $36.85 million.