For platforms with a large user base, stablecoins are not just cross-border payment tools, but a fundamental financial track that can reshape revenue structures and user relationships.

Cryptocurrency market maker GSR stated that the company's operations are running smoothly, its business and liquidity are robust, and it will continue to provide execution and services to its clients and partners; GSR's CEO denied that the online rumors about a "10/11 liquidation" were related to them.

The Party Committee of the People's Bank of China (PBOC) convened a meeting, emphasizing that to ensure the PBOC's work next year, it is essential to adhere to the general principle of seeking progress while maintaining stability, fully and accurately implement the new development philosophy, continue implementing a moderately loose monetary policy, leverage the integrated effects of existing and new policies, increase counter-cyclical and cross-cyclical adjustments, focus on expanding domestic demand and optimizing supply, improve incremental growth and revitalize existing assets, and create a favorable monetary and financial environment for stable economic growth, high-quality development, and the stable operation of the financial market. (Jinshi)

The Party Committee of the People's Bank of China convened a meeting, emphasizing the need to steadily advance high-level financial opening-up and safeguard national financial security. The meeting stressed the importance of implementing global governance initiatives, actively participating in and promoting the reform and improvement of global financial governance, pragmatically conducting financial diplomacy and multilateral and bilateral monetary and financial cooperation, promoting the internationalization of the RMB, continuously building and developing a multi-channel, broad-coverage RMB cross-border payment system, steadily developing the digital RMB, improving the central bank system, and building a strong central bank. The meeting also emphasized constructing a scientific and sound monetary policy system, dynamically assessing and improving the monetary policy framework, enriching the monetary policy toolbox, and strengthening the implementation and transmission of monetary policy. Furthermore, the meeting stressed the need to comprehensively address the "five major tasks" in finance: improving a comprehensive macro-prudential management system and a systemic financial risk prevention and disposal mechanism, strengthening macro-prudential management in key areas, and improving the basic framework for the supervision of systemically important financial institutions; building a standardized, transparent, open, vibrant, and resilient financial market system; building a safe and efficient financial infrastructure system; and improving the legal basis for the central bank's functions. (Jinshi)

خلال جلسة اليوم الجمعة 12 ديسمبر 2025 تم تداول البيتكوين عند 92,141 دولارًا مرتفعًا بنحو 2% خلال الساعات الماضية وذلك بعد أن انخفض إلى ما دون 90,000 دولار أمريكي في جلسة الامس الخميس. com. source: https://www.tradersup.com/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a7%d8%aa/%d8%a7%d9%84%d9%8a%d9%88%d9%85-%d9%8a%d9%81%d8%b4%d9%84-%d9%81%d9%89-%d8%aa%d8%ad%d9%82%d9%8a%d9%82-%d9%85%d9%83%d8%a7%d8%b3%d8%a8-%d8%a3%d8%b6%d8%a7%d9%81%d9%8a%d8%a9/150220

The Party Committee of the People's Bank of China convened a meeting, emphasizing the continuation of a moderately loose monetary policy and the acceleration of supply-side structural reforms in the financial sector. Promoting stable economic growth and a reasonable recovery in prices will be key considerations in monetary policy. The meeting stressed the need for flexible and efficient use of various monetary policy tools, including reserve requirement ratio (RRR) cuts and interest rate cuts, while carefully managing the intensity, pace, and timing of policy implementation. This will maintain ample liquidity, promote low overall financing costs, and strengthen financial support for the real economy. The meeting also emphasized smoothing the monetary policy transmission mechanism, optimizing the use of structural monetary policy tools, strengthening coordination with fiscal policy, and incentivizing and guiding financial institutions to increase support for key areas such as expanding domestic demand, technological innovation, and small and medium-sized enterprises (SMEs). The meeting further stressed maintaining the basic stability of the RMB exchange rate at a reasonable and balanced level. (Jinshi)

Cookie DAO issued an announcement regarding the significant price drop of its token TGE on Cookie Launchpad, stating that the token's performance on and after TGE was not determined by Cookie. The project team independently decides on fundraising amounts, token economics, and liquidity arrangements. Cookie does not participate in the project's treasury, pricing, or control post-market price movements. Cookie merely acts as the InfoFi platform: providing tools for projects to operate InfoFi activities, rewarding users who genuinely contribute attention, content, and mindshare to the project.

Nasdaq-listed Jiuzi Holdings announced it has signed Memoranda of Understanding (MOUs) with several institutional investors to expand its private placement to $1 billion. The funds raised will reportedly support the company's development of its crypto asset business, including building secure hosting infrastructure and innovative storage solutions. (Prnewswire)

With the bumpy 2025 coming to a close, investors are increasingly looking for new long-term crypto opportunities. source: https://finbold.com/chatgpt-picks-2-cryptocurrencies-to-turn-100-into-1000-in-2026/

According to sources familiar with the matter, Bank of Japan officials believe that interest rates are likely to rise above 0.75% before the end of the current rate hike cycle, suggesting that there may be more rate hikes after next week's increase. These sources stated that officials believe even at 0.75%, the Bank of Japan has not yet reached its neutral interest rate level. Some officials already consider 1% to be below the neutral rate. The sources indicated that even if the Bank of Japan updates its neutral interest rate estimate based on the latest data, it does not currently expect the range to narrow significantly. The Bank of Japan's current estimate for the nominal neutral interest rate range is approximately 1% to 2.5%. The sources also stated that Bank of Japan officials believe that the upper and lower limits of this range may themselves contain errors. (Jinshi)

According to Odaily, Commerzbank's Volkmar Baur stated in a report that if Hassett, a leading candidate for the next Federal Reserve Chair, insists on pushing for interest rate cuts without economic fundamentals supporting such a move, the dollar could face pressure. Hassett recently commented that the Federal Reserve is 'severely lagging' in terms of rate cuts. However, data indicates that the labor market is only cooling slowly, contradicting Hassett's assertion. Baur believes that Hassett is unlikely to abandon his push for rate cuts based on facts, which could potentially impact the dollar.

RWA's Hong Kong pilot program sparks heated discussion: How can RWA be transformed from a concept into a real asset? Jinse Finance explores how Hong Kong is building a practical path for the implementation of RWA through pilot programs.

Coinbase-incubated open-source payment protocol x402 has released version 2. This is the first major version iteration since its mainnet launch in May 2025.

The Bolivian government has announced a major policy—integrating stablecoins into its formal financial system, allowing them to be used "as a legal tender."

Binance, cryptocurrency, Hash Global founder KK discusses BNB digital asset allocation and Web3 development stage. Golden Finance reports, "In the future, all assets will be issued and traded on-chain."

x402 Protocol, AI Agent, Payment: Let's talk about the x402 V2 upgrade and share some key points. Golden Finance shares several key aspects of the x402 protocol V2 upgrade.

What are the implications of the frequent regulatory actions taken by the US SEC and OCC? This article from Jinse Finance focuses on the recent regulatory actions of the US SEC and OCC.

Coinbase has released version 2 of the x402 protocol. This version optimizes upon version 1, expanding from a single-call payment to a unified internet payment layer.

Fintech 3.0 will coexist with traditional finance for many years, but its development direction is already clear. Stablecoin infrastructure is expected to become a core component of global finance.

The implementation of CARF is expected to further enhance the tax transparency of Hong Kong's cryptocurrency market, impacting trading platforms, custodians, individual investors, and traditional financial intermediaries.