ChainCatcher news, the Dutch government has sought public opinion on a proposed law that would require cryptocurrency service providers (such as exchanges) to collect and share user data with local tax authorities to comply with EU regulations.The Dutch Ministry of Finance stated in a press release on October 24: "The purpose of this bill is to increase the transparency of cryptocurrency ownership to prevent tax evasion and avoidance."Under the new law, tax authorities will share data collected by service providers regarding residents of these countries with tax authorities in other EU countries, as stipulated by the EU-wide cryptocurrency tax reporting rules (i.e., DAC8) passed last year. The ministry explained that these rules reduce the administrative burden on cryptocurrency service providers because "they only need to report in the EU member state where they are registered."

ChainCatcher news reports that former Philippine mayor Alice Guo is associated with the now-defunct Atom Asset Exchange (AAX), which laundered money and stole customers' crypto assets in 2022.Additionally, Hong Kong police stated that Su Weiyi is the "mastermind" behind AAX, which once had over 2 million users and is now closed. He is accused of absconding with at least $2.15 million of customer cryptocurrency. However, a petition claims that this figure is at least $30 million. Su Weiyi co-owns other companies with partners linked to convicted felons Alice Guo and Huang Zhiyang (Baofu partner).Guo faces 87 charges of money laundering, as well as charges of operating an illegal gambling syndicate and human trafficking. If convicted, she and her accomplices could face up to 1,218 years in prison. Guo denies all charges.

ChainCatcher news, Ethereum co-founder Vitalik published an article titled "Making Ethereum's Alignment Visible," discussing how to balance Ethereum client teams, researchers, Layer 2 teams, application developers, and local community groups to ensure that all these projects collectively build a unified Ethereum ecosystem, introducing the concept of "Ethereum alignment."This can include value alignment (e.g., open source, minimizing centralization, supporting public goods), technical alignment (e.g., adopting ecosystem-wide standards), and economic alignment (e.g., using ETH as a token as much as possible). Vitalik analyzes from the perspectives of open source, open standards, decentralization and security, and positive-sum outcomes, with the ideal goal of seeing more entities like L2beat emerge to track various projects' performance in meeting the above standards and other standards proposed by the community. Instead of competing for connections, projects should compete on alignment based on easily understandable standards."Dashboard organizations" like L2beat, block explorers, and other ecosystem monitoring tools are a great example of this principle successfully operating within the Ethereum ecosystem. If the different aspects of alignment can be made clearer without focusing on a single "overseer," this concept can be made more effective and better serve the fairness and inclusivity that the Ethereum ecosystem strives for.

ChainCatcher news, according to Cointelegraph, on September 26, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) shared a plan to elevate their over-the-counter reporting requirements to global standards after reviewing responses to a consultation document from March 2024. They intend to adopt the reporting requirements set by the European Securities and Markets Authority (ESMA) for crypto over-the-counter (OTC) derivatives.Relevant parties and investors in Hong Kong stated that investments in crypto OTC derivatives cannot be classified as part of the existing traditional five asset classes—interest rates, foreign exchange, credit, commodities, and equities. Some stakeholders in Hong Kong suggested using Digital Token Identifiers (DTI) "to clearly identify the crypto asset underlying OTC derivatives." In response, the HKMA and SFC pointed out that ESMA has incorporated DTI into its reporting framework as of October 2023. Currently, DTI has become a core reference point for European crypto asset service providers.When mentioning the need for Unique Product Identifiers (UPI) in trade reporting, Hong Kong regulators revealed plans to implement similar requirements in their jurisdiction in the near future: "Given that Digital Token Identifiers have been included as permissible values in the data field 'Base ID (Other)' in the upcoming CDE Technical Guidelines Version 4 consultation, we will adapt the use of DTI in our reporting requirements." However, the authorities will continue to monitor the outcomes of orders issued by other jurisdictions and will adopt similar systems if necessary. Hong Kong authorities suggest implementing the new reporting requirements by September 29, 2025.

ChainCatcher news, BlackRock's digital asset head Robbie Mitchnick expressed his views on Bitcoin in an interview with Bloomberg. He believes that although Bitcoin has recently aligned with the U.S. stock market, it should be seen as a "safe-haven" asset. He compared Bitcoin to traditional safe-haven assets like gold, which are typically favored during uncertain times. In contrast, stocks, commodities, and high-yield bonds are often considered "risk-on" investments.Mitchnick explained that despite short-term volatility, assets like gold and Bitcoin have shown similar performance over time. "Gold exhibits many of the same patterns; despite periods of temporary alignment with stocks, the long-term correlation is close to zero."He emphasized that Bitcoin's decentralized nature and scarcity set it apart, stating, "You would consider it as the foundation of a safe haven."

ChainCatcher message, on-chain analyst Ali stated on X that if the closing price of Bitcoin is above $65,440, the next local top will be around $86,910.

ChainCatcher news, according to Cointelegraph, blockchain security company CertiK has migrated its cloud infrastructure in Asia to Alibaba Cloud, a subsidiary of the domestic e-commerce giant Alibaba.

ChainCatcher news, Ant Digital Technology Company, the blockchain division of Alibaba's financial technology subsidiary Ant Financial Group, has increased the registered capital of two subsidiaries. It has expanded the registered capital of its subsidiary Ant Blockchain Technology to approximately 200 million USD. The registered capital of another blockchain division, Ant Chain (Shanghai) Digital Technology Co., Ltd., has also increased to about 289 million USD.Ant Blockchain Technology (Shanghai) Co., Ltd. recently amended its business registration with Chinese authorities, raising its registered capital from 100 million RMB to 1.5 billion RMB (206.4 million USD). This blockchain division was established in December 2018, and its registered business activities include software development, hardware retail, and information technology services.

ChainCatcher news, the Aptos Foundation and Alibaba Cloud, after a long-term collaboration, will enhance support for the Web3 industry in Japan. It is reported that Aptos and Alibaba Cloud will host a hackathon and promote Web3 education through Alcove, the first brand-united Move developer community in Asia, in order to drive the development of Web3 in Japan.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, in the past 19 hours, the wallet belonging to My Neighbor Alice has deposited a total of 3.09 million ALICE to Binance, worth 7.91 million USD; the price of ALICE has dropped 15.7% since its first transfer to the exchange.This fund was transferred from address 0x796...E37Fc to the exchange, and currently still holds 3.99 million ALICE, worth 9.23 million USD.

ChainCatcher message, Blast founder Pacman stated on the X platform: "I have seen some people speculate that the delay in the Blast airdrop plan is to align with the market conditions. Overall, I believe that trying to time the market is pointless. The timeline has been postponed simply because we need more time for development. While the delay is certainly unfortunate, we have put in a lot of effort to find solutions, but the final conclusion is that it must be done. We believe that this approach will bring more value than cutting corners (launching early)."

ChainCatcher news, according to Bitcoin.com, Turkey is preparing to submit a new law regulating crypto assets to parliament. The legislation aims to align with international standards, reduce risks associated with cryptocurrency transactions, and the Capital Markets Board will implement strict regulation on the licensing and operation of crypto trading platforms. It will also ensure the secure custody of assets, establish a transparent platform-client relationship, and clarify sanctions for violations. The draft legislation is expected to be submitted to parliament within a week.This move has received strong support from Turkey's Finance Minister Mehmet Şimşek, aiming to remove Turkey from the "grey list" of financial crime regulatory agencies and improve its status under the Financial Action Task Force (FATF) standards.

ChainCatcher news, MUA DAO announced a collaboration with Alibaba Cloud and Avalanche to launch the second phase of Alipay+ D-store and a Web3 crypto coupon campaign in Singapore, the Philippines, and Malaysia. Users can obtain the adorable MUA WAWA NFT as their own support for Web3 vouchers through games in the Alipay+ partner e-wallet and use it to purchase milk tea at a discounted price. Specifically, MUA is an AI + human modular universal asset protocol. Through the MUA7648 protocol initiated by MUA, it is accelerating the modularization of AI Agent assets, supporting infinite issuance and royalty recursion of asset splitting and combination, achieving value intercommunication between humans and AI Agents, and maximizing economic prosperity.