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BEIJING, Dec. 2, 2025 /PRNewswire/ — Token Cat Limited (Nasdaq: TC, the “Company”) today announced that its Board of Directors has formally approved a Crypto Asset Investment Policy (the “Policy”), authorizing the Company to allocate a portion of its cash reserves into selected crypto assets under a disciplined risk-management framework. After careful evaluation, the Company decided to proceed with this Policy. Earlier, it appointed Sav Persico, with thirty years of crypto and blockchain experience, as Chief Operating Officer to lead its implementation. Guangsheng Liu, Chief Executive Officer of Token Cat Limited, stated:”The Policy is an important step in strengthening our…

DALLAS, Dec. 2, 2025 /PRNewswire/ — On December 1, Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) announced its unaudited financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial and Operational Highlights Total revenues were US$224.6 million in the third quarter of 2025, an increase of 60.6% compared with the second quarter of 2025. Revenue from the bitcoin mining business in the third quarter of 2025 was US$220.9 million. Operating income was US$43.5 million and net income was US$37.3 million over the period. Adjusted EBITDA for the third quarter of 2025 was US$80.1 million. Average operating hashrate…

BELIZE City, Belize, December 2nd, 2025, Chainwire Crypto Fight Night (CFN) has confirmed a partnership with BC.GAME, which will serve as the event’s Exclusive Gaming Partner for the 2025 edition. A dedicated Crypto Fight Night section is now live on the BC.GAME homepage with official pre-fight betting markets for the full card ahead of fight night on December 5. One of the most anticipated nights on the crypto fight calendar is just around the corner. On December 5, 2025, Crypto Fight Night (CFN) will team up with crypto-native online brand BC.GAME, which has been appointed as the event’s Exclusive Gaming…

Key NotesOn December 1, HashKey announced that it had cleared the HKEX listing hearing.This is part of its move to go public in Hong Kong.Bitkub is also planning to have an IPO in Hong Kong by 2026. HashKey Holdings Limited has inched closer to its Initial Public Offering (IPO) after taking a major step recently. On Dec. 1, it announced that it had cleared the Hong Kong Stock Exchange’s (HKEX) listing hearing, which is a review of the public bourse’s listing committee. HaskKey to Direct IPO Proceeds to Technological Infrastructure Upgrade It highlighted the development in its Post Hearing Information…

What to Know: With derivatives markets finally chilling out and funding rates normalizing, traders are quietly swapping fear for early accumulation. This low-volatility window offers a perfect chance to rotate into solid tech plays before leverage-fueled FOMO kicks back in. Bitcoin Hyper is turning heads by raising over $28M to bring Solana-speed smart contracts directly to Bitcoin’s network. Traders are also eyeing SUBBD Token’s AI tools for creators and Monero’s new security upgrades as top picks for this cycle. Derivatives desks are finally taking a breath. Funding rates that were deep underwater are grinding back toward neutral, and implied volatility…

What to Know: Strategy’s willingness to keep Bitcoin sales ‘on the table’ reflects a broader shift toward tactical, actively managed $BTC exposure without abandoning long-term conviction. As Bitcoin’s base layer remains constrained by low throughput and high, cyclical fees, traders increasingly look to Layer 2 infrastructure as leveraged expressions of $BTC upside. Bitcoin Hyper targets Bitcoin’s speed and programmability gap with an SVM-powered Layer 2 that aims for Solana-level performance while settling to Bitcoin. When you see a long-term Bitcoin accumulator suddenly flashing ‘green dots’ instead of just quietly stacking sats, you aren’t just watching a trade, you’re watching a…

Sony Bank plans to issue a stablecoin in the U.S. as early as the fiscal year 2026, the Nikkei reported on Monday.The online banking arm of Sony Financial Group, which was spun out of the electronics giant this year, envisages the USD-pegged stablecoin being used to pay for games and anime, according to the report. Customers largely use credit cards to complete such transactions at present, so Sony may look to promote stablecoin payments through the lower fees they enable.Sony Bank applied for a banking license in the U.S. in October and plans to establish a subsidiary to handle the…

Bank of Israel Governor Amir Yaron signaled that the country is preparing for far more active oversight of stablecoins.Speaking at the Bank of Israel’s Payments in the Evolving Era conference in Tel Aviv, Yaron framed private digital dollars as a payments force that regulators can no longer treat as peripheral.Yaron stressed that stablecoins have already become deeply embedded in global money flows, noting a market capitalization above $300 billion and more than $2 trillion in monthly transaction volume. “Given adoption among the public, it cannot be said that this is a marginal phenomenon,” he told attendees before comparing the sector’s…

Japan is preparing to overhaul how it taxes cryptocurrency gains, moving toward a flat 20% levy that would bring digital assets in line with equities and investment trusts, per Nikkei. The shift marks the country’s most significant policy update for the sector in years and reflects a growing view among regulators that crypto has matured into a mainstream investment class.The proposal, backed by the government and ruling coalition, would place crypto profits under Japan’s separate-taxation framework, where certain income streams are treated independently from wages and business earnings. That structure splits the 20% take between the national government and regional…

On November 28, 2025, the People’s Bank of China (PBOC) convened a crucial meeting involving several key government agencies, including the Ministry of Public Security and the Cyberspace Administration, to reaffirm its robust stance against cryptocurrency activities. This meeting highlighted China’s unwavering resolve to combat the rise of virtual currency trading and its associated risks, underscoring their intention to maintain the prohibition on digital assets like Bitcoin and stablecoins. China’s stringent policies against cryptocurrencies have been in place for several years, driven by concerns over potential financial instability and illegal activities such as money laundering. The country, which once dominated…