00:00 Speaker A

Now, going back to that permission story, uh, we have a situation here where we’ve got three countries making favorable legislation while we’re stuck in neutral at best in the United States with the Clarity Act, which has roughly a few weeks left before it needs to be passed, before it becomes entirely, entirely off the table. So, first we will start in Japan, right here. Japan passes key bill recognizing crypto as financial product, lowering tax rates.

00:32 Speaker A

So Japan cut its crypto tax from 55% to 20 here. Uh, America’s response was to have a press conference accusing itself of corruption and bribery, but we’ll get that, get to that in a minute. So, this is finally done. Japan passed…