[Binance to Launch POWER USDT Perpetual Contract] Binance announces the launch of the POWER USDT perpetual contract.

[Bitdeer Reduced Holdings by 148.5 Bitcoins This Week, Total Holdings Dropped to 1,992.6] Bitcoin mining company Bitdeer posted a tweet stating that as of December 5, its Bitcoin holdings had dropped to 1,992.6 (excluding customer deposits). This week's Bitcoin mining output was 131.5, but 130 Bitcoins were sold during the same period, resulting in a net reduction of 148.5 Bitcoins.

[Bitcoin Financial Services Company ProCap Financial to Debut on Nasdaq on December 8] American investor Anthony Pompliano announced that his Bitcoin financial services company, ProCap Financial, has completed a merger and will be listed for trading on Nasdaq on December 8 (Monday) under the stock ticker BRR. ProCap Financial raised $751 million through a SPAC merger in June this year, including $516.5 million in equity financing and $235 million in convertible bonds. After the merger, the new company will hold $1 billion in Bitcoin assets.

[Pakistan Ministry of Finance Holds Consultation Meeting on National Digital Asset Framework] On December 6, the Pakistan Ministry of Finance held a consultation meeting on the national digital asset framework. Senior officials from the State Bank of Pakistan, presidents of major banks, and Binance Co-CEO Richard Teng participated in the discussions. The meeting focused on measures to build a secure, transparent, and innovation-driven digital asset ecosystem, including promoting on/off-ramp infrastructure, strengthening compliance and anti-money laundering/anti-terrorism financing standards, and enhancing transparency in digital markets.

[Aave Founder Says New UK Tax Rules Simplify Taxation and Promote Crypto Institutional Adoption] Aave founder Stani Kulechov stated that the DeFi tax guidelines released by the UK's HM Revenue and Customs (HMRC) could become a turning point for the UK's crypto lending sector. According to the guidelines, depositing digital assets like USDC or USDT into DeFi platforms will not be considered a taxable disposal. Users will only need to pay capital gains tax when they actually dispose of assets through selling, converting, or cashing out. This new approach classifies regular DeFi transactions as 'no gain, no loss,' providing investors with clearer tax guidance. Kulechov pointed out that this simplified tax method reduces the tax burden and helps both institutions and retail investors participate more broadly in the cryptocurrency ecosystem.