Monat: Dezember 2025

• Seventy-six governments have pledged to share crypto data under CARF.
• Fifty-three countries have signed the agreement enabling automatic exchange.
• Switzerland delayed its timeline while the US continues its internal review.

Hong Kong has launched a public consultation on how it plans to introduce the international Crypto Asset Reporting Framework, known as CARF, as governments worldwide reshape their tax reporting systems for digital assets.

The consultation, announced on Tuesday, aims to gather feedback on both the technical rollout of CARF and related updates to local tax reporting rules.

It forms part of Hong Kong’s broader effort to align its crypto oversight with global transparency standards as authorities continue working to prevent cross border tax evasion.

The move builds on the city’s existing practice of exchanging financial account information with partner jurisdictions every year since 2018, rather than signalling a change in direction.

The consultation also invites feedback on potential transitional arrangements that could help reporting entities adjust to new requirements without disrupting existing compliance systems.

It reflects the government’s intent to manage industry adaptation smoothly while maintaining alignment with evolving international expectations for transparent digital asset reporting across interconnected financial markets globally today.

Hong Kong widens its regulatory review

The consultation examines how CARF would operate alongside the Common Reporting Standard, another Organisation for Economic Co-operation and Development initiative that shapes international tax reporting.

By reviewing the two frameworks together, Hong Kong seeks to integrate crypto data sharing into established financial reporting systems.

The process reflects growing coordination between jurisdictions as they adapt policy tools to match the expansion of digital asset markets.

Global momentum influences the process

CARF has been gaining traction around the world. In early November, 47 governments issued a joint pledge to adopt the framework at pace. Brazil has also been reported to be considering participation in the programme.

Other jurisdictions are moving more slowly. Switzerland postponed its own implementation until 2027 and is still assessing which countries it will exchange data with.

In the same month, the US reviewed an Internal Revenue Service proposal linked to joining CARF. Even with varied timelines, participation continues to rise.

More jurisdictions commit to adoption

According to an OECD list updated on Dec. 4, 48 nations intend to adopt CARF by 2027 and another 27 by 2028, while the US has identified 2029 as its target year. This brings the total number of countries pledging to share crypto data to 76.

A separate OECD list confirms that 53 countries have already signed the Multilateral Competent Authority Agreement, the legal foundation for automatic information exchange. These commitments signal widening global support for unified reporting standards.

Cayman Islands activity draws attention

Recent figures show a 70% annual increase in Cayman Islands foundation company registrations.

Legal professionals at Walkers noted that CARF likely excludes structures that solely hold crypto assets, including protocol treasuries, investment funds, or passive foundations.

This has raised questions about how certain entities may sit outside the data sharing perimeter as reporting rules continue to develop internationally.

The post Hong Kong launches crypto consultation as worldwide reporting rules evolve appeared first on CoinJournal.

• Dogecoin price was down 1.5% and changed hands near $0.14.
• The top memecoin token risks bearish momentum as the broader market shows weakness.
• DOGE below $0.10 could risk a revisit of $0.05.

Dogecoin (DOGE) tested support at the $0.14 level on Tuesday as the memecoin pared some of its recent gains. While losses on the day are limited, the dip over the past month sees DOGE flirt with the risk of bearish continuation.

Bullish investors may see further downside risks as an opportunity to buy, though, with the meme-inspired token likely to ride broader market tailwinds for an uptick.

Dogecoin price today

The price of Dogecoin as of writing on December 9, 2025, hovered near $0.14. Bulls are down about 1.5% over the past 24 hours.

Although DOGE has bounced off lows of $0.138 on the day, it still prints a sharp 19% drop in the past month. Declines have left its market capitalization standing at around $22.8 billion.

Meanwhile, the token, ranked ninth among the largest cryptocurrencies, has seen a 17% dip in  daily trading volume to about $1.08 billion.

Dogecoin’s volume signals decreased investor activity, though, with price capped on the upside amid the turmoil that also sees top coins toil under pressure.

For instance, Bitcoin touched $92k but has quickly retreated to the $90k mark.

Analysts expect BTC to bounce amid key macroeconomic tailwinds and DOGE could follow.

Despite a fragile sentiment, the memecoin has seen key developments in recent weeks to suggest a spark could ignite a major rally.

The launch of DOGE perpetual futures pairs opens up the market for traders. Meanwhile, the buzz around Dogecoin exchange-traded funds (ETFs) continues.

Even without outflows for Bitcoin and Ethereum, the hype remains as multiple spot crypto ETFs launch in the US.

Dogecoin price forecast

The Crypto Fear and Greed Index hovers at 25, signalling extreme fear. Most altcoins trade in this territory due to investor caution.

However, amid an anticipated US Federal Reserve rate cut decision this week, sentiment is not overly negative.

Dogecoin’s trajectory will thus take on an ominous outlook if bulls fail to keep bears off at the current price level of $0.14.

If sellers knock buyers off this perch, a move in the negative direction will strengthen.

Technical indicators paint this gloom. As can be seen on the chart below, the token has recently shattered the pivotal support zone established in March and June 2025.

This has come as DOGE accelerated losses following the breach of the 50-week exponential moving average.

A downward channel is in place, with the Relative Strength Index (RSI) and Stochastic RSI both flashing signals of increased bullish exhaustion.

Should DOGE fracture the $0.10 mark, the loss of this historical inflection point will add to bearish pressure. Dogecoin’s next major support levels are in the $0.05 zone.

The post Dogecoin drops to $0.14 as bears gain control: is a bigger crash coming? appeared first on CoinJournal.