Odaily Planet Daily reports that cryptocurrency market maker GSR stated that its operations are running smoothly, its business and liquidity are robust, and it will continue to provide execution and services to its clients and partners. GSR's CEO denied the online rumors about a "10/11 liquidation."

Odaily Planet Daily reports that the Party Committee of the People's Bank of China held a meeting, emphasizing that to ensure the success of the People's Bank of China's work next year, it is essential to adhere to the general principle of seeking progress while maintaining stability, fully and accurately implement the new development philosophy, continue to implement a moderately loose monetary policy, leverage the integrated effects of existing and new policies, increase counter-cyclical and cross-cyclical adjustments, focus on expanding domestic demand and optimizing supply, improve incremental growth and revitalize existing assets, and create a favorable monetary and financial environment for stable economic growth, high-quality development, and the stable operation of the financial market. (Jinshi)

Odaily Planet Daily reports that the Party Committee of the People's Bank of China held a meeting, emphasizing the need to steadily promote high-level financial opening-up and safeguard national financial security. The meeting stressed the importance of implementing global governance initiatives, actively participating in and promoting the reform and improvement of global financial governance, pragmatically conducting financial diplomacy and multilateral and bilateral monetary and financial cooperation, promoting the internationalization of the RMB, continuously building and developing a multi-channel, broad-coverage RMB cross-border payment system, steadily developing the digital RMB, improving the central bank system, and building a strong central bank. The meeting also emphasized constructing a scientific and sound monetary policy system, dynamically assessing and improving the monetary policy framework, enriching the monetary policy toolbox, and strengthening the implementation and transmission of monetary policy. Furthermore, the meeting stressed the need to comprehensively address the "five major tasks" in finance, including improving a comprehensive macro-prudential management system and a systemic financial risk prevention and disposal mechanism, strengthening macro-prudential management in key areas, and improving the basic framework for the supervision of systemically important financial institutions. The meeting also emphasized building a standardized, transparent, open, vibrant, and resilient financial market system, constructing a safe and efficient financial infrastructure system, and improving the legal basis for the central bank's functions. (Jinshi)

Odaily Planet Daily reports that Cookie DAO issued an announcement regarding the significant price drop of its token TGE on Cookie Launchpad. The announcement stated that the token's performance on and after TGE was not determined by Cookie; the project team independently decides on fundraising amounts, token economics, and liquidity arrangements. Cookie does not participate in the project's treasury, pricing, or control post-market price movements. Cookie merely acts as the InfoFi platform: providing tools for projects to operate InfoFi activities, rewarding users who genuinely bring attention, content, and mindshare to the project.

Odaily Planet Daily reports that the Party Committee of the People's Bank of China held a meeting, emphasizing the continued implementation of a moderately loose monetary policy and accelerating supply-side structural reforms in the financial sector. The meeting stressed that promoting stable economic growth and a reasonable recovery in prices are key considerations for monetary policy. It called for the flexible and efficient use of various monetary policy tools, such as reserve requirement ratio cuts and interest rate cuts, while carefully managing the intensity, pace, and timing of policy implementation to maintain ample liquidity, promote low overall social financing costs, and strengthen financial support for the real economy. The meeting also emphasized smoothing the monetary policy transmission mechanism, optimizing the use of structural monetary policy tools, strengthening coordination with fiscal policy, and incentivizing and guiding financial institutions to increase support for key areas such as expanding domestic demand, technological innovation, and small and medium-sized enterprises (SMEs). Finally, the meeting stressed maintaining the basic stability of the RMB exchange rate at a reasonable and balanced level. (Jinshi)