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 financefeeds, dozens of countries including the US, Japan, and the UK have signed a joint statement agreeing to a set of cryptocurrency tax rules developed by the OECD, known as the Crypto Asset Reporting Framework (CARF). The joint statement indicates that the signatory countries will accelerate the transformation of CARF into domestic legislation and promptly initiate exchange agreements to facilitate exchanges starting in 2027.The report notes that the Crypto Asset Reporting Framework (CARF) is expected to be launched in 2027 for information sharing, as part of these countries' efforts to combat tax evasion using digital assets.

ChainCatcher news, according to Bloomberg, the United States and the United Kingdom are reviewing over $20 billion in cryptocurrency transactions conducted through a Russian virtual trading platform. Sources say the payments under scrutiny were made using the Moscow-based cryptocurrency exchange Garantex with the dollar-pegged cryptocurrency Tether (USDT).It is reported that the U.S. and the U.K. imposed sanctions on Garantex in April 2022, citing its alleged involvement in money laundering, terrorist financing, and ransomware attacks. This $20 billion transaction would be one of the most serious violations since the sanctions began.

ChainCatcher news, according to Cointelegraph, 47 countries including the United States, the United Kingdom, Australia, Brazil, Canada, France, Germany, Greece, Italy, Japan, South Korea, and Switzerland have committed to authorize the implementation of the Crypto Asset Reporting Framework (CARF) by 2027. This is a new international standard for the automatic exchange of information among tax authorities; it will be incorporated into their domestic legal systems to enhance the ability to ensure tax compliance and combat tax evasion.In addition, these countries also invited other jurisdictions to join in a joint statement to strengthen the global automatic information exchange system and combat tax evasion.

ChainCatcher news, the Monetary Authority of Singapore (MAS) stated that it has collaborated with the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA), and the Financial Conduct Authority of the United Kingdom (FCA) to advance pilot projects for digital assets in fixed income, foreign exchange, and asset management products.MAS has established a decision-making group for Project Guardian, which consists of FSA, FCA, and FINMA (an industry collaboration initiative led by MAS), aimed at promoting discussions on the legal, policy, and accounting treatment of digital assets, as well as identifying potential risks in existing policies and legislation related to tokenization solutions.

ChainCatcher news, FTX lawyer James Bromley stated at the first day of the bankruptcy hearing that since the initial attack on the day of bankruptcy, the hackers' attempts have continued, with a large amount of assets either stolen or lost. The U.S. District Court for the Southern District of New York has launched a criminal investigation.In addition, it has been disclosed that FTX's customers are primarily distributed as follows: Cayman 22%, British Virgin Islands 11%, Mainland China 8%, Hong Kong 3%, Taiwan 3%, United Kingdom 8%, Singapore 6%, South Korea 4%. (source link)