ChainCatcher news, according to CoinDesk, UK Economic Secretary Tulip Siddiq announced at the City & Financial Global Tokenization Summit in London on November 22, 2024, that the UK plans to launch a regulatory framework for the cryptocurrency industry in early 2025. The new framework will separate stablecoins from the existing payment system and establish specific regulations for staking services to prevent them from being classified as collective investment schemes.This move ends the uncertainty in the market regarding the direction of cryptocurrency regulation since the Labour government took office in July 2024. The previous Conservative government had already included cryptocurrencies in the scope of regulated activities under the Financial Services and Markets Bill.

ChainCatcher message, Azuki founder Zagabond posted on the X platform saying: "Chill guys, I have an idea," along with a meme of Chill guys.

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas stated that the Bitcoin Industrial Complex saw a trading volume exceeding $50 billion today (equivalent to the average daily trading volume of the entire UK stock market).MicroStrategy (MSTR) alone reached $32 billion. MSTU and MSTX combined for $6 billion (which is higher than the trading volume of all spot Bitcoin ETFs, and the volume is also increasing).

ChainCatcher message, crypto detective ZachXBT posted: "Someone tried to get me to delete a post that exposed a person involved in a $4.3 million robbery in the UK, who apparently submitted a court order from Brazil, claiming it violated UK law. However, the court order is forged, as the case is currently being heard in the UK, with zero connection to Brazil. Fortunately, X will alert you about such requests."

ChainCatcher news, on Tuesday the market's attention was focused on the Russia-Ukraine situation. On the 1000th day of the Russia-Ukraine conflict, Russia's new policy has lowered the threshold for using nuclear weapons, causing global financial markets to be on edge, although the overall reaction has been relatively limited.According to 4E monitoring, U.S. stocks experienced a rollercoaster ride, initially declining due to heightened tensions in the Russia-Ukraine situation as investors panicked and turned to safe-haven assets. U.S. stocks collectively fell, but later, as the U.S. responded that there was no reason to adjust its nuclear posture or strategy, the market shook off concerns about nuclear war escalation. Ultimately, only the Dow Jones fell, while the S&P 500 rose slightly, and the Nasdaq gained 1%, with most large tech stocks rising, led by Nvidia with an increase of nearly 5%.The U.S. is embracing cryptocurrency more closely, as pro-crypto candidates are set to lead the U.S. Department of Commerce, ETF options are being listed, and the Trump Media Group is in deep negotiations to acquire the cryptocurrency platform Bakkt. Bitcoin reached a new high, peaking at $93,905, before slightly retreating to $91,900 at the time of writing. The rise in Bitcoin attracted a significant amount of liquidity, while altcoins generally fell.In the forex commodities sector, the U.S. dollar index rose on Tuesday, initially boosted by geopolitical tensions, with safe-haven currencies like the dollar, Swiss franc, and yen gaining traction. However, this boost weakened after comments from Russian and U.S. officials. Spot gold rose nearly 2%, continuing the upward trend from the previous trading day, marking the third consecutive day of gains. Geopolitical tensions supported oil prices, which saw a slight increase on Tuesday.The current market is focused on Nvidia's earnings report on Wednesday. With Nvidia's market capitalization having grown to approximately $3.5 trillion, the expected volatility in its market cap post-earnings is close to the largest ever and will impact U.S. stocks. Additionally, this week investors are also closely watching the cabinet nominations of the Trump administration. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, gold commodities, and forex, recently launching a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential safe-haven options. 4E reminds you to be aware of market volatility risks and to allocate assets reasonably.

ChainCatcher news, according to Protos, Russian authorities have announced plans to ban cryptocurrency mining in the occupied territories of Ukraine. Russian Deputy Prime Minister Alexander Novak chaired a meeting attended by senior ministers, where they discussed the country's "difficult regime balance" and its impact on the power industry, which is facing supply and capacity shortages during the autumn and winter seasons.Reports indicate that the Russian government plans to extend the proposed ban on cryptocurrency mining to the occupied territories of Ukraine, such as Donetsk, Luhansk, Zaporizhzhia, and Kherson regions.Additionally, six other regions in the North Caucasus will face a complete ban on cryptocurrency mining activities until 2031. Irkutsk, parts of Buryatia, and the Transbaikal Territory will face partial mining bans during the autumn and winter seasons until 2031. Russia passed a law in July that legalizes cryptocurrency mining starting November 1, meaning there is only an 18-day gap between legalization and prohibition.

ChainCatcher news, according to reports from Bloomberg and the Associated Press, the outgoing Biden administration seems to be desperately undermining the global geopolitical landscape and has authorized the lifting of some restrictions on Ukraine's use of Western-made weapons to strike military targets within Russia.This decision is reportedly due to North Korea increasing its support for Russian President Putin's army, as well as Russia ramping up missile and drone attacks on its neighbors. This approval marks a significant shift in U.S. policy and comes as Biden is about to leave office, while the incoming elected president Trump has stated he will quickly end the war and has expressed skepticism about continued U.S. support. Ukrainian President Zelensky has long urged allies to allow the use of Western weapons to strike military targets within Russia. He believes this decision will enable Ukraine to better defend against attacks on its critical infrastructure and cities.Insiders say that if approved, this capability may first be used in Russia's Kursk region, where Ukraine is currently fighting against North Korean and Moscow forces. However, one insider mentioned that even if any permission is granted, it is unlikely to reach the extent that Ukraine has requested.It is reported that Ukraine plans to conduct its first long-range strike in the coming days, likely using the Army Tactical Missile System (ATACMS). (Jinshi)

ChainCatcher news, according to Crowdfund Insider, the Gemini 2024 Global Cryptocurrency Report shows that UK crypto asset holders remain "unaffected" by market pressures, with 93% of existing cryptocurrency holders likely to purchase cryptocurrencies in the coming year. The proportion of UK holders owning cryptocurrencies remains stable at 18% in 2024, the same as two years ago.In addition, the cryptocurrency sell-off rate in the UK this year is relatively low, with only 15% of holders selling cryptocurrencies in the past six months, a figure lower than that of the US, France, and Turkey. UK cryptocurrency holders demonstrate a commitment to this asset class, with 59% willing to allocate at least 5% of their portfolios to cryptocurrencies, which is 2% higher than the global average.However, UK respondents continue to express concerns about the need for a "clear" regulatory framework for digital assets, with 49% stating that clearer government regulation would enhance trust.

ChainCatcher news, according to Coindesk, the UK Treasury stated in a statement on Thursday that the UK government will launch a pilot program to issue digital government bond instruments similar to bonds using distributed ledger technology.The Treasury stated: "The government will launch a pilot program to provide digital government bond instruments using distributed ledger technology (DLT) to demonstrate the government's commitment to innovation in the financial services sector." DLT is the underlying technology for crypto assets, where each node can store and update data. UK Treasury Economic Secretary Tulip Siddiq stated that the Labour Party will soon announce its plans in the cryptocurrency sector.Bloomberg cited unnamed sources as saying that the Labour Party is likely to continue following in the footsteps of the previous ruling Conservative Party by developing legislation for stablecoins and staking.

ChainCatcher news, according to Bloomberg, the UK government will announce its plans to regulate the cryptocurrency industry this month, aiming to address the appeal of the cryptocurrency sector led by Donald Trump in the United States and to reassure businesses about their prospects in the UK.Insiders say that the UK Treasury plans to introduce two pieces of legislation regarding stablecoins, as well as exemption clauses for cryptocurrency providers requesting to exclude so-called staking services from current financial regulations.After Trump's election victory, the cryptocurrency industry celebrated this win, driving up asset prices including Bitcoin, while the UK decided to advance cryptocurrency regulation. The risk for the UK is that startups may choose other jurisdictions, such as the United States, where the rules are clearer or more favorable.

ChainCatcher news, Bitget announces its return to the UK market, launching compliant crypto services in accordance with the Financial Promotions Regulation. By partnering with the UK-regulated institution Archax, Bitget has restarted its new user registration service in the UK, allowing users to access and trade over 150 tokens, making it one of the exchanges with the richest asset selection among compliant crypto platforms in the UK.Bitget CEO Gracy Chen stated, "Compliance is a core pillar of our global expansion strategy. Re-entering the UK market and adhering to the regulatory framework enables us to provide users with a rich and trustworthy digital asset service in the rapidly changing crypto industry."

ChainCatcher news, according to Bloomberg, informed sources revealed that the UK plans to start issuing digital government bonds within the next two years. Chancellor of the Exchequer Rachel Reeves is expected to announce a trial issuance of digital bonds during her speech at Mansion House in the City of London on Thursday. Traditionally, the Chancellor uses this forum to announce policies that support the financial sector.The new Labour government is working to modernize the financial markets and is currently utilizing blockchain technology to "tokenize" government debt, hoping that this move will make government bond trading faster and cheaper.Amid the digital transformation, the UK government is undertaking a £297 billion ($382 billion) borrowing plan, the second-largest borrowing plan in history, with sales expected to remain high in the coming years. Informed sources indicated that legislation may need to be submitted to Parliament to proceed with blockchain-based sales. The UK Treasury declined to comment.

ChainCatcher news, according to local Thai media Bangkok Post, 23-year-old Viacheslav Leibov was invited into a hotel room by his 18-year-old Ukrainian friend Alfred Chernyshuk on Friday. Upon entering the room, Leibov encountered an Armenian man, Arman Grigoryan, who took him to the balcony to talk.It is reported that when Leibov was preparing to go to the bathroom, he discovered two masked men waiting for him. They bound Leibov's hands and feet with ropes and zip ties, threatening him to transfer $500,000 in USDT to a designated wallet, or they would break his fingers. Grigoryan was holding a hammer, while one of the masked men had a long knife.Leibov recalled that he requested the amount to be halved and transferred $250,000 in USDT to the wallet controlled by the suspects. He was then tied to the bed and warned not to call the police. It is reported that after the suspects packed their belongings, they left the room.

ChainCatcher message, Deutsche Bank stated in a report that the Bank of England released cautious signals regarding future interest rate cuts on Thursday, indicating a positive outlook for the pound in the coming months. Analyst Michael Pfizer said that the Bank of England is unlikely to cut rates in December, as it has raised its inflation expectations for 2025-26 and economic growth expectations for 2025.The Bank of England has "clearly" taken into account the UK's recent budget, which may be more expansionary in the short term than previously expected. "This suggests that the Bank of England will continue to cut rates at a much slower pace than the European Central Bank, while the growth rate of the UK economy may be much faster than that of the Eurozone."

ChainCatcher news, according to CoinDesk, members of the House of Lords in the UK expressed support for the country's digital asset property bill during the second reading session on Wednesday. The House of Lords Grand Committee generally believes that the bill will provide more clarity on how the legal system treats cryptocurrencies and may mark another step for the UK in paving the way for domestic cryptocurrency use.The bill was drafted by the independent statutory body, the Law Commission, and was introduced in the UK in September. The bill adds a new category of "items" under the category of property to help resolve legal disputes involving cryptocurrencies. This bill will not only assist judges in criminal cases where cryptocurrencies are stolen due to fraud or hacking but will also aid in the division of marital property.

ChainCatcher news, according to Coindesk, the UK's first pension fund has directly invested 3% of its assets in Bitcoin with the assistance of consulting firm Cartwright, rather than through indirect methods such as ETFs.This decision was reached after in-depth discussions with the fund's trustees, focusing on ESG factors and security, with the private keys managed jointly by five independent institutions. Cartwright also plans to launch a Bitcoin employee benefits program, allowing companies to pay Bitcoin directly to employees' wallets, with several companies already expressing interest.

ChainCatcher news, according to DLNews, UK Chancellor Rachel Reeves has announced the first budget proposal, raising the highest capital gains tax rate from 20% to 24%, and increasing the lower rate from 10% to 18%. Although the increase is lower than the tech industry's previous expectations, it has still faced criticism from representatives of the crypto industry.A spokesperson for CryptoUK expressed disappointment to the media that the Chancellor failed to seize the opportunity to unify the digital asset tax system with traditional trading, and also did not provide clearer tax guidance for the industry, leaving many startups, growth-stage companies, and investors in a state of uncertainty.Reeves stated that the tax rate adjustments aim to fill the £22 billion public spending gap left by the Conservative government. She pointed out that even after the increase, the UK's tax rates remain lower than those of other European G7 economies.

ChainCatcher news, according to The Standard, a 16-year-old boy in the UK has been charged by Westminster Magistrates' Court with offenses including fundraising for terrorism, providing training, and possessing documents useful for terrorist purposes. Under the bail conditions, the boy must adhere to a curfew, avoid using social media, and limit the use of his laptop to educational purposes. A hearing regarding his case will take place on November 2 at the Central Criminal Court in the UK.

According to ChainCatcher news, the head of a Ukrainian charity organization, Rev Miller, stated that the 400 ETH obtained from Vitalik's previous sale of meme coins (such as MOODENG, EBULL, and DOG) has been donated to Ukrainian charities. Vitalik has confirmed this.Previous report indicates that Ethereum co-founder Vitalik Buterin transferred 100 ETH to 4 addresses (a total of approximately 1.02 million USD).