Groundbreaking Things That Happened in Crypto Yesterday 04th December

Groundbreaking Things That Happened in Crypto Yesterday 04th December

Hello Fam, here’s a look at what happened in crypto yesterday. 

Connecticut Says “Game Over” to Robinhood, Kalshi and Crypto.com

Big shock in crypto yesterday. Connecticut hit Robinhood, Kalshi, and Crypto.com with cease-and-desist orders for running unlicensed sports and election betting through “event contracts.”

The state’s Consumer Protection chief called it straight-up illegal gambling, slammed the platforms for letting under-21s play, and warned users their money and data aren’t safe. What went down in crypto yesterday in Connecticut could spark a nationwide crackdown on prediction markets.

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Raoul Pal Says Forget the Dip – 2026 Is About to Explode

At Binance Blockchain Week, Real Vision’s Raoul Pal told the crowd to chill as the real boom hits in 2026 with a “flood of global liquidity” from U.S. debt refinancing, relaxed bank rules, and fresh stimulus. 

He called today’s washed-out sentiment and altcoin pain the perfect launchpad, killed the four-year cycle story, and declared a multi-year supercycle is on.

In Crypto Yesterday -Japan Ready to Slash Crypto Tax from 55% to Flat 20%

Huge news brewing: Japan is to drop crypto taxes to just 20% flat, matching stocks  from its current rate. 

The brutal 55% rate has kept retail traders away for years while corporations stacked BTC tax-free. If approved this year, expect ETFs, massive retail inflows, and the “sleeping giant” Japanese crypto market to finally wake up.

Startale CEO Sota Watanabe called it “a big day for Japan,” predicting crypto ETFs and a flood of new on-chain users. 

Crypto yesterday delivered regulator heat in the US, macro bullishness from Pal, and a potential game-changer in Japan. 2026 is loading.

Stay tuned to Coin Medium as we dish out all the latest information.

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