Huoxun Finance News, December 2nd - According to Jinshi Data, the Japanese government has established a "Department for Government Efficiency" (DOGE) to review and cut inefficient taxes and subsidies, and will solicit revision suggestions from the public before the end of the year. Finance Minister Satsuki Katayama stated that funds will be directed to areas of "genuine need," while Chief Cabinet Secretary Minoru Kihara emphasized the simultaneous review of expenditures and revenues. Prime Minister Sanae Takaichi pledged that bond issuance this fiscal year will not exceed last year's, but ultra-long-term yields have risen. Katayama and Minister for Economic Development Strategy Minoru Jonouchi stated that the government and the Bank of Japan are in agreement on the economic assessment, and Bank of Japan Governor Kazuo Ueda hinted at a possible interest rate hike at the December policy meeting, fueling market expectations.

According to Cango (NYSE:CANG)'s Q3 2025 financial report released on December 2nd, the company achieved revenue of $225 million, with Bitcoin mining accounting for 98.4%. Net profit was $37.3 million, and adjusted EBITDA reached $80.1 million. A total of 1930.8 BTC were mined during the quarter, with a total cost of approximately $99,400 per BTC. As of the end of September, the company had cumulatively produced 5810 BTC. Cango also announced that it will expand from Bitcoin mining to a global green AI computing network, with energy projects already launched in Oman and Indonesia.

Huoxun Finance News, December 2nd - According to a RaylsLabs announcement, $RLS tokens are now officially available for collection. Users can claim them through the public collection page. Investors who participated in the private sale through the Republic platform can go to their dedicated private sale page to claim their unlocked shares.

Huoxun Finance News, December 2nd - A research report released by the Swedish central bank (Riksbank) indicates that despite different regulatory frameworks, the US and Europe are gradually showing substantial convergence in their stablecoin policies. The report focuses on analyzing three key dimensions of central bank policy: whether stablecoin issuers are allowed access to settlement systems, whether central bank reserves can be used as collateral, and whether liquidity support can be obtained. While the US and Europe legally allow the use of central bank reserves, practical restrictions remain. The European Central Bank has allowed some non-bank payment institutions to hold central bank account balances for transaction flows, but has not liberalized the use of stablecoins as backing.

Huoxun Finance News, December 2nd - According to an official announcement from Aster, the project team officially launched the fourth phase of the $ASTER token buyback at 09:10 (UTC+8) today, with the execution address being 0x573c…6fF4. This round of buyback is being conducted 8 days ahead of schedule, aiming to strengthen support for token holders amidst current market volatility.