South Korea’s National Tax Service (NTS) has issued a government tender for software licenses intended to track virtual asset transactions as part of an amplified push to enforce tax compliance within the crypto market. The procurement notice describes the contract as providing “virtual asset tax evasion response transaction-tracking software licenses” with a defined budget and an accelerated delivery timeline, signaling a concrete step in the country’s broader enforcement agenda. The contract is priced at 146.5 million won, inclusive of value-added tax, with delivery required within 30 days of contract signing. Bids are due April 28–30, and the proposal evaluation is scheduled for May 7, a tightly sequenced procurement process that underscores the government’s emphasis on rapid deployment of analytic capabilities. The procurement notice provides limited technical detail. However, ZDNet Korea, citing an official from the NTS scientific investigation unit, reported that the software wou...
Kalshi, the U.S.-based prediction-market operator regulated by the Commodity Futures Trading Commission (CFTC), is reportedly plotting a bold pivot into crypto trading by introducing perpetual futures for digital assets, starting with Bitcoin. In a Tuesday report, The Information cited people familiar with the matter as saying Kalshi intends to roll out perpetual futures, or “perps,” on cryptocurrencies such as Bitcoin, broadening its product slate beyond binary event contracts. Perpetual futures are a type of derivative that lets traders speculate on price moves without an expiration date. Unlike traditional futures that require rolling over positions, perps offer continuous exposure and are commonly paired with leverage — a structure that gained prominence in crypto markets through platforms such as BitMEX. Kalshi’s contemplated expansion signals a shift toward continuous financial markets and could widen appeal for both retail and institutional traders seeking regulated onshore acce...