[Shanghai Silver Futures Main Contract Breaks Through 16,000 Yuan/Kilogram Mark, Continues to Hit Record Highs] The Shanghai Silver Futures main contract saw an intraday increase of over 5%, breaking through the 16,000 yuan/kilogram mark and continuing to hit record highs. Year-to-date, the cumulative increase has exceeded 114%.

[Spot Gold Breaks Through $4,381.4/oz to Hit a Record High] Spot gold has surpassed the October 20 high of $4,381.4/oz, setting a new all-time high.

Vitalik Buterin stated on Farcaster that participating in forecast markets is healthier than regular markets because forecast market values are limited to between 0 and 1, thereby reducing the risk of pulling up shipments. （Cointelegraph）

[U.S. House Bipartisan Lawmakers Propose Legislation to Establish Tax Safe Harbor for Stablecoins and Staking Rewards] Bipartisan lawmakers in the U.S. House of Representatives are drafting a cryptocurrency tax framework aimed at providing safe harbor for certain stablecoin transactions and deferring taxation on blockchain validation rewards. Ohio Republican Representative Max Miller and Nevada Democratic Representative Steven Horsford are drafting the bill, which seeks to align cryptocurrency taxation methods with those of traditional securities. The bill proposes exempting capital gains tax on regulated stablecoin transactions where the value remains between $0.99 and $1.01 over time. It also aims to establish safe harbor rules for staking and mining rewards earned through blockchain transaction validation. Additionally, the bill would integrate cryptocurrencies into the tax system that covers securities and certain commodity transactions. Capital gains tax exemptions currently enjoyed by foreign investors and securities lending investors conducting securities transactions through domestic third parties would also apply to digital assets.

[The People's Bank of China conducts a 7-day reverse repo operation of 67.3 billion yuan] The People's Bank of China conducted a 7-day reverse repo operation of 67.3 billion yuan today, with a bidding amount of 67.3 billion yuan, a transaction amount of 67.3 billion yuan, and an operating interest rate of 1.40%, unchanged from the previous rate.