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BlockBeats News, June 11th, according to market sources, Japan is reportedly reclassifying cryptocurrency as a financial instrument under the Financial Instruments and Exchange Act, putting it in the same category as stocks and bonds. The bill was passed by the Lower House today. This move will lower the tax on cryptocurrency gains from the current highest rate of 55% (miscellaneous income) to a flat 20% capital gains tax rate, and it will pave the way for cryptocurrency ETFs, with the relevant provisions set to take effect in 2027.

[June 11, 2026] The latest on-chain data from the DMDAO Intelligent Computing Center indicates that within the past 7 calendar days, the DMD smart contract has automatically captured and executed the physical burning of a total of 42,008.06 DMD, setting a recent record for the highest weekly deflation volume. Accelerating Toward the One-Million Total Supply Cap: The full outbreak of this round of burning is driving DMD to accelerate its convergence toward its ultimate scarcity limit of 1,000,000 tokens. With the surge in network-wide interactions, the circulating supply in the market is undergoing a deeper structural tightening. A Direct Reflection of Market-Making Yields: The explosion in burning data directly reflects the strong high-frequency spread capturing capabilities and authentic business revenues of the underlying Matrix Prime market-making system. Powered by the Euler linear deflation model, the reduction in total circulating supply simultaneously strengthens the algorithmic weight of the remaining tokens. Code Rigidity Defying Market Sentiments: DMDAO official stated that the deflation of DMD does not rely on market sentiment, but is instead a long-term mechanism built purely upon real transaction flows, the internal loop of market-making yields, and automated contract execution. Every burn serves as on-chain ironclad evidence of the economic model's highly efficient operation. Deflation continues, structure reshapes. Genesis nodes concluded; DMDAO officially enters the era of pure zero-sum game among existing stock!

On June 11, according to monitoring by OnchainLens, FTX/Alameda unstaked 200,241 SOL after nearly a month, valued at approximately $12.99 million.