According to official sources, OKX has donated HK$10 million to Hong Kong to support local emergency relief and disaster recovery efforts.

the total open interest amounted to $108060711009.54381, with BTC at $52.77 billion, ETH at $30.10 billion, XRP at $4.79 billion, LTC at $2.37 billion, ETC at $1.31 billion, DASH at $1.18 billion, IOTA at $1.09 billion, QTUM at $801.13 million, . The data is sourced from the quarterly and perpetual contracts on Bitget,dYdX,Deribit,CME,Hyperliquid,Binance,Coinbase,OKX,Bybit,Gate,HTX,Kraken,Crypto.com,Bitfinex,BitMEX. This report is for informational purposes only and does not constitute investment advice.

Huoxun Finance News, November 28th – According to Cointelegraph, Amundi, Europe's largest asset manager, has launched its first tokenized share class for its euro money market fund. The fund now employs a hybrid architecture, allowing investors to freely choose between a traditional version and a new blockchain-based version. The first transaction was recorded on the Ethereum network on November 4th. This launch was developed in partnership with European asset services group CACEIS, which provided the tokenization infrastructure, investor wallets, and a digital order system for processing subscriptions and redemptions. According to the two companies, fund tokenization simplifies order processing, expands access to new investors, and enables 24/7 trading. Amundi stated that the fund primarily holds short-term, high-quality euro-denominated debt, including money market instruments and overnight repurchase agreements with European sovereign institutions.

Huoxun Finance reported on November 28th that, according to CoinDesk, the UK government is developing a new tax framework that could benefit DeFi users. A proposal released this week shows that HM Revenue and Customs supports a "no profit, no loss" principle for cryptocurrency lending and liquidity pool arrangements. Under the current system, DeFi users depositing funds into protocols, even just for profit or as collateral for loans, may trigger capital gains tax. The new measure will postpone tax payment until an economically meaningful asset disposal occurs. This means that users depositing cryptocurrencies into lending protocols or providing tokens to automated market makers will no longer need to pay tax on the deposit itself, but only when they eventually sell or trade the assets and realize a profit or loss. The proposal aims to align tax rules with the actual operation of DeFi, thereby reducing the administrative burden and avoiding unreasonable tax outcomes. The new principle also applies to complex multi-token arrangements; if a user withdraws more tokens than they deposited, the profit will be taxed; if it is less than the deposited amount, it will be considered a loss. However, the model has not yet been finalized, and the government is still consulting with professionals and DeFi developers. While HM Revenue and Customs has not set a timetable for legislation, it has stated that it will continue to engage with the industry to assess the necessity of such legislation.

Huoxun Finance News, November 28th - According to Ledger Insights, the UK Financial Conduct Authority (FCA) announced the launch of a stablecoin project group as part of its regulatory sandbox program, with an application deadline of January 18, 2026. Bloomberg also reported that the UK Debt Management Office is exploring expanding the UK government bond market, a move that will be related to stablecoin reserves. In a speech yesterday, David Geale of the FCA stated that a "large enterprise" has been included in the sandbox program to test a sterling stablecoin for payments. Sandbox participants must ensure their designs comply with the requirements outlined in the FCA's consultation document in May. The UK adopts a two-track approach to stablecoin regulation: the Bank of England regulates systemically important stablecoins for prudential and financial stability purposes; the regulatory responsibility for other stablecoins falls to the FCA, which is also responsible for the conduct and consumer protection oversight of all stablecoins.