[U.S. November Non-Farm Payroll Data and Unemployment Rate to be Released Tonight at 21:30] The U.S. Bureau of Labor Statistics will release the seasonally adjusted non-farm payroll data and unemployment rate for November tonight at 21:30 (UTC+8). The seasonally adjusted non-farm payroll data for November is expected to be 40,000, and the unemployment rate for November is expected to be 4.40%.

[U.S. Stock Market Closes with Broad Decline in Crypto Sector, BitMine Down 11.42%] At the close of the U.S. stock market, the Dow Jones fell 0.09%, the S&P 500 Index fell 0.16%, and the Nasdaq fell 0.59%. The crypto sector saw broad declines, with Coinbase down 6.37%, BitMine down 11.42%, and SharpLink down 9.51%.

[Avalanche Foundation Establishes DLT Entity in Abu Dhabi to Support Web3 Development in MENA] The Avalanche Foundation has announced the establishment of a Distributed Ledger Technology (DLT) foundation in the Abu Dhabi Global Market (ADGM) to support the adoption of Web3 applications, corporate collaborations, and ecosystem development in the Middle East and North Africa (MENA) region. The Avalanche DLT Foundation will serve as a primary regional foundation, supporting relevant projects, government initiatives, and developer outreach activities under a clear and credible regulatory framework. This entity will also integrate existing initiatives in the MENA region, forming a unified structure to enhance transparency and operational efficiency.

[Wyoming Crypto Bank Custodia Bank Submits Petition for En Banc Review to Appeals Court] Wyoming crypto bank Custodia Bank has submitted a petition for en banc review, requesting that all judges of the Tenth Circuit Court of Appeals reconsider its October ruling that supported the Federal Reserve's decision to deny the bank's application to open a master account. The petition states that the original panel misinterpreted the Monetary Control Act's provisions granting eligible banks the right to open master accounts, undermined state banking regulatory authority, and raised significant constitutional issues.

[Sberbank of Russia Tests DeFi Products and Explores Integration with Public Blockchains like Ethereum Due to Customer Demand] Sberbank of Russia has announced that, in response to increasing customer interest in trading and holding cryptocurrencies, the bank is testing a range of DeFi products. Anatoly Popov, Deputy Chairman of the Management Board, stated that the bank is working with regulators to develop digital asset products and emphasized that traditional banking and DeFi are moving toward integration. Sberbank is also conducting projects involving asset tokenization or connecting with DeFi platforms using public blockchains like Ethereum.