What are the recent changes in Pi, which everyone is looking forward to?
Recent important news about PI:
1️⃣ Continuous Improvement of Testnet DeFi Features Pi Network has launched new features on the testnet, including a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation tools. Users can perform DeFi operations such as token swaps and liquidity mining using Test-Pi. The introduction of these features indicates that Pi Network is actively expanding its ecosystem and laying the foundation for future DeFi applications on the mainnet.
2️⃣ Strategic Inve

Does Web3 Income Need to Be Taxed in China?
With the development of Web3 and cryptocurrencies, more and more investors and practitioners are facing an important question: Does Web3 income need to be taxed? This is a complex legal issue, involving tax regulations in different regions, the nature of the income, and international tax information sharing, among other factors.
This article provides a brief overview of the relevant tax obligations based on the main provisions of Chinese tax law and the specific business scenarios of Web3.
I. Web3 Income and China's Tax Regulations
In China, individu

#PI Pi, KYC standardization update, accelerating progress. The accelerated mainnet migration process indicates that the launch of the decentralized network on the Pi Network is imminent...

1.9 million USDT lying in a police evidence locker—no one dares to claim it?
Recently, the Jiayu police in Hubei seized a large amount of digital assets while handling a case—about 1.9 million USDT, which is nearly 13 million RMB at current prices. Here’s the problem: they can’t find the owner of these funds.
The police have already issued a notice, giving holders 6 months to claim the assets. But the conditions are pretty strict: the claimant must show up in person and prove the funds are legitimate. Think about it—anyone who dares to claim such a huge sum would first have to clearly explain

RMB Makes a Strong Comeback, Stablecoins Become "Risk Assets"
Over the past six months, the RMB has quietly staged a "comeback."
Offshore RMB (CNH) has risen from above 7.4 in April to 7.06, hitting a one-year high. Amid global currency volatility, the RMB has become one of the strongest-performing currencies in the Asian market.
Some are happy while others are not—those who once firmly believed the RMB would break 7.3 are being forced to close short positions, while long-term holders of USD, including those holding shadow dollars like USDT, have passively "lost" (in RMB terms).
Why is the RMB

Quick look! Quick look!
The self-proclaimed Pi community godfather, Youlong, has recently made some wild statements:
Pi Coin may drop below ↓ $0.1 ↓, causing a stir across the entire network...
btc #ETh
What do you pioneers think...?

Trump actively hinted that Hassett would be the next Fed chairman.
During a meeting at the White House, U.S. President Trump stated that the potential Fed chair is right here while introducing Hassett.

⏰ Only 2 days left! XRP Airdrop frenzy is about to end!
Haven't participated yet? Now is the final sprint opportunity!
Recharge, contract trading, daily check-in, invite friends to complete tasks
Easily earn XRP, with a maximum of 72 XRP per person.
💰 30,000 XRP prize pool, join now: https://www.gate.com/campaigns/3312
Details: https://www.gate.com/announcements/article/48292

Stablecoins are not recognized as "prohibited items" in the criminal law sense.
Zhao Binghao, the director of the FinTech and Rule of Law Research Institute at China University of Political Science and Law, pointed out that the central bank has clearly classified stablecoins as virtual currencies, and this definition does not mean that stablecoins are considered "prohibited items" in the criminal law sense.
Recently, the People's Bank of China held a coordination meeting to combat virtual currency trading speculation, clearly stating for the first time that stablecoins are a form of virtua

What changes have occurred in China's regulatory attitude towards Crypto Assets over the past four years?
China's regulation of virtual currencies is expected to showcase a more precise crackdown strategy in 2025, with the number of participating departments increasing to 13, reflecting an upgrade in the scope and strategy of regulation.
In particular, the risks and potential misuse of stablecoins have been clearly defined for the first time, making future regulatory activities more stringent. This marks that China's regulation of virtual currencies has become a regular measure aim

🎉 10,000 GUSD trading Airdrop Phase 7 is now live!
Complete the designated trading pair task, with a maximum win of 320 GUSD per person, first come, first served.
👉 Participate now: https://www.gate.com/campaigns/3406
First trade, win a 10 GUSD welcome gift, daily check-in to unlock additional rewards.
Announcement link: https://www.gate.com/announcements/article/48463

The infighting within the Fed may tear apart asset pricing, and interest rate cuts could become a possible path of compromise.
The Fed is facing internal divisions, with five committee members expressing opposition or skepticism regarding interest rate cuts, which may result in multiple dissenting votes at this month's meeting. This phenomenon could undermine the effectiveness of policy communication and raise questions about its independence.
Analysts believe that a compromise may be reached through policy statements, and future interest rate cuts will depend on the data to be released so

On December 11, the Federal Open Market Committee (FOMC) Meeting, how is the summary of the meeting? Need to pay more attention, brothers prepare for long orders... fighting

Market Report:
Overview of the top 5 cryptocurrencies by growth on November 30, 2025,
The leading coin is Telcoin according to Gate News Bot. On November 30, 2025, the cryptocurrency market overall shows an upward trend, with several tokens performing outstandingly.
The following are the top five cryptocurrencies by performance in the past 24 hours:
1️⃣ TEL (Telcoin) 📈 Current Price: $0.54 | Change: +11.86% 📊 24H High/Low: $0.54 / $0.48 | Market Cap: $496,287,735.93 💡 Telcoin, as a cryptocurrency project focused on mobile financial services, may have seen its price increase due to recent de

Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule.
Recently, Swedish payment giant Klarna officially announced the early launch of its first stablecoin KlarnaUSD on the Tempo blockchain supported by Paradigm and Stripe, which was originally scheduled to go live in 2026.
According to its statement, the annual transaction volume of stablecoins has reached 27 trillion USD, and Klarna will bring faster and cheaper cross-border payments to 114 million customers.
The mass adoption of cryptocurrency is timely, and this is just the beginning. It is und