PANews reported on October 3rd that Faraday Future founder Jia Yueting posted on the X platform: "The surge in the crypto market is due to the US Treasury's proposed relaxation of CAMT rules, which will no longer impose a 15% tax on unrealized Bitcoin gains held by companies like MicroStrategy. Previously, mark-to-market accounting standards taxed unrealized profits, sparking protests from MSTR and COIN, who called it unfair and detrimental to global competition. This is a huge boon for companies with treasuries. Long-term holding of crypto assets as a store of value and a hedge against fiat currency devaluation is gaining tacit approval and support from regulators. This will fundamentally change the asset allocation logic of large institutions. The C10 Treasury is positioned to become the core reserve of the Web3 financial system, essentially upgrading MicroStrategy's 'single asset' model to a more robust and diversified 'basket of assets' model."PANews reported on October 3rd that Faraday Future founder Jia Yueting posted on the X platform: "The surge in the crypto market is due to the US Treasury's proposed relaxation of CAMT rules, which will no longer impose a 15% tax on unrealized Bitcoin gains held by companies like MicroStrategy. Previously, mark-to-market accounting standards taxed unrealized profits, sparking protests from MSTR and COIN, who called it unfair and detrimental to global competition. This is a huge boon for companies with treasuries. Long-term holding of crypto assets as a store of value and a hedge against fiat currency devaluation is gaining tacit approval and support from regulators. This will fundamentally change the asset allocation logic of large institutions. The C10 Treasury is positioned to become the core reserve of the Web3 financial system, essentially upgrading MicroStrategy's 'single asset' model to a more robust and diversified 'basket of assets' model."

Jia Yueting: The surge in the crypto market may be due to the US's plan to relax CAMT regulations, and the C10 Treasury is positioned as a basket of assets.

2025/10/03 11:49

PANews reported on October 3rd that Faraday Future founder Jia Yueting posted on the X platform: "The surge in the crypto market is due to the US Treasury's proposed relaxation of CAMT rules, which will no longer impose a 15% tax on unrealized Bitcoin gains held by companies like MicroStrategy. Previously, mark-to-market accounting standards taxed unrealized profits, sparking protests from MSTR and COIN, who called it unfair and detrimental to global competition. This is a huge boon for companies with treasuries. Long-term holding of crypto assets as a store of value and a hedge against fiat currency devaluation is gaining tacit approval and support from regulators. This will fundamentally change the asset allocation logic of large institutions. The C10 Treasury is positioned to become the core reserve of the Web3 financial system, essentially upgrading MicroStrategy's 'single asset' model to a more robust and diversified 'basket of assets' model."

Market Opportunity
MAY Logo
MAY Price(MAY)
$0.01115
$0.01115$0.01115
-2.19%
USD
MAY (MAY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

JPMorgan’s Sobering Reality Check On The $1 Trillion Dream

JPMorgan’s Sobering Reality Check On The $1 Trillion Dream

The post JPMorgan’s Sobering Reality Check On The $1 Trillion Dream appeared on BitcoinEthereumNews.com. Imagine a world where stablecoins, the digital dollars
Share
BitcoinEthereumNews2025/12/19 07:07
Will XRP Price Increase In September 2025?

Will XRP Price Increase In September 2025?

Ripple XRP is a cryptocurrency that primarily focuses on building a decentralised payments network to facilitate low-cost and cross-border transactions. It’s a native digital currency of the Ripple network, which works as a blockchain called the XRP Ledger (XRPL). It utilised a shared, distributed ledger to track account balances and transactions. What Do XRP Charts Reveal? […]
Share
Tronweekly2025/09/18 00:00
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56