Bithumb and Upbit have listed Groestlcoin (GRS) as a "Cautionary Trading" project

December 2 — Rayls announced in a post on X that its token RLS airdrop claims are now live. Earlier, RLS was listed on Binance Alpha and Coinbase.

December 2, 2025 — Cango today released its third-quarter 2025 results, reporting total revenue of $225 million (a 60.6% quarter-over-quarter increase), operating profit of $43.5 million, and net profit of $37.32 million. The figures mark a significant year-over-year shift from losses to profitability. As a strategic transformation milestone marking its one-year anniversary as a Bitcoin mining company, Cango’s global deployed hash rate has reached 50 EH/s, propelling it into the industry’s top ranks. In Q3, the firm mined 1,930.8 Bitcoins (a 37.5% quarter-over-quarter rise) — averaging 21 Bitcoins daily — with a full cost per Bitcoin of $99,383. Through equipment upgrades (including the T21/S21 series) and the acquisition of a 50-megawatt mining facility in Georgia, its hash rate efficiency has exceeded 90%, while operational hash rate rose to 46.09 EH/s in October. For AI computing power, Cango’s long-term vision centers on a “green energy-powered global distributed AI computing

On December 2, the Japanese government launched its own version of the "Government Efficiency Department" (DOGE). At its inaugural meeting, officials laid out a plan to identify and eliminate inefficient tax measures and subsidies. Following the first DOGE meeting, Finance Minister Taro Aso told reporters on Tuesday: "By cutting waste through efforts from the public and all stakeholders, and redirecting funds to areas with true need, we will clearly distinguish ourselves from previous administrations. This is critical to maintaining trust in our country, currency, and markets." Aso also noted that after Bank of Japan (BOJ) Governor Haruhiko Kuroda expressed confidence in the economic outlook and hinted at a potential interest rate hike, he sees no discrepancy between the government and the BOJ in their economic assessments. Japan’s Minister of State for Economic Growth Strategy Minoru Kiuchi echoed these comments exactly, saying the response stemmed from cabinet coordination a

December 2 — Nikkei Asia reports the Japanese government is backing a shift in cryptocurrency capital gains taxes: moving from a top rate of 55% to a flat 20% rate, aligning with stocks and other financial assets. The tax reform will be part of a proposal from the Financial Services Agency (FSA), set to be submitted to Japan’s Diet early in 2026. The Japan Blockchain Association (JBA) has pushed for the change for nearly three years, arguing the current high rate holds back domestic crypto market growth. The new tax system will launch alongside tougher investor safeguards, including an insider trading ban and stronger disclosure rules.

The White House announced on December 2 that U.S. President Trump will hold a cabinet meeting Tuesday morning at 11:30 a.m. EST (0:30 a.m. Beijing time Wednesday) and issue a statement at 2:00 p.m. EST (3:00 a.m. Beijing time Wednesday). (FX168)

On December 2, following recent hawkish comments from the Bank of Japan (BOJ) Governor and related asset movements, the probability on Polymarket of a 25-basis-point rate hike by the BOJ in December has surged to 81%, while the chance of no rate change stands at 17%. The BOJ is set to announce its interest rate decision on December 19, per public information.