China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push

The VeChain VeWorld v2.4.10 adds features such as token bottom sheets, clearer balance displays, token-specific activity feeds, and a one-tap cache-clear option to improve performance and transparency. The rollout follows VeChain’s recent Hayabusa upgrade, with further network advancements underway, including the Phase 3 Interstellar update. VeChain has rolled out VeWorld v2.4.10, the latest version of [...]]]>

PANews reported on November 18th that Justin Sun announced that the USDJ liquidation will be carried out according to the principle of 100% 1:1 guaranteed redemption for users before the snapshot. USDJ, a decentralized stablecoin on the Tron network, is an older version of the SAI project. The official liquidation process took over a year, and more than 95% of the USDJ was redeemed at a price higher than 1. Currently, only about $200,000 worth of USDJ remains on the market, and this portion will also be permanently redeemed at a 1:1 ratio to ensure the safety of user assets. Justin Sun stated that USDJ will serve as a decentralized TRX exchange contract, and the bottom line during the liquidation is to ensure that all users do not suffer losses. The system closed at 10 PM Beijing time on November 17th, and the final value of USDJ was 1.55 TRX. Future fluctuations will be driven by the price of TRX, but will be unrelated to the actual liquidation value for users. He explained that the reason for the liquidation was due to the technological upgrade of centralized stablecoins; USDJ's code was outdated, and the team planned to focus on the development of USDD, hence the decision to liquidate USDJ. Users need not worry about asset security or loss of value; the liquidation plan ensures the rights of all users. Previously, JUST DAO issued an announcement regarding the market adjustment and orderly exit of USDJ .

In the third quarter of 2025, Japan's GDP contracted by 0.4% quarter-on-quarter, marking the first contraction in six quarters. On the surface, this appears to be merely a fluctuation in the economic cycle; however, simultaneously, Japan's Financial Services Agency plans to reduce the tax rate on cryptocurrency profits from a maximum of 55% to 20%, a policy that has attracted global attention. These two seemingly independent news items actually intertwine to form a new logic surrounding Japan's economic and digital economy strategy. Japan's economic winter is coming. Latest data shows that the Japanese economy is facing structural pressures: The decline in external demand contributed -0.2 percentage points to GDP, partly due to the impact of the US tariff increase; Housing investment plummeted 9.4% month-on-month, reflecting weakness in traditional pillar industries; Consumption and business investment growth are sluggish, resulting in insufficient overall economic vitality. Against this backdrop, the Bank of Japan has limited room for monetary policy maneuvering. Governor Kazuo Ueda stated that underlying inflation remains below target, making a rate hike unlikely in the short term, and the economy will continue to operate in a low-interest-rate environment. Faced with the ineffectiveness of traditional growth models, Japan must find new breakthroughs—thus amplifying the strategic significance of adjusting cryptocurrency tax rates. From 55% to 20% Currently, Japanese residents must declare cryptocurrency gains as miscellaneous income, facing a tax rate of up to 55%. However, according to a report by the Asahi Shimbun on November 17, Japan plans to include 105 mainstream cryptocurrencies in the Financial Products and Exchange Act, reducing the tax rate on gains from the previous maximum of 55% to a uniform 20%, on par with the stock transaction tax rate. This policy sends two important signals: Institutional inclusion – cryptocurrencies are no longer gray assets, but legally protected financial products; Tax-friendly – significantly lowers transaction barriers, stimulating market activity and investment willingness. Sources indicate that the Financial Services Agency hopes to finalize legislation during next year's regular Diet session. This suggests that Japan is using legal and tax measures to integrate cryptocurrency into its national economic development strategy, rather than simply stimulating trading. Web3 New Momentum The significant reduction in cryptocurrency tax rates is not an isolated policy, but a new strategic move in Japan's economic revitalization: Enhancing international competitiveness: High tax rates once hampered Japan's attractiveness in the global digital asset market. After being reduced to 20%, Japan's tax environment is now on par with, or even more advantageous than, that of major economies. Attracting talent and capital: A more favorable regulatory environment is expected to attract innovative teams and international capital back to the economy, injecting new vitality into the economy; Institutionalizing Web3: Since the establishment of the Digital Agency in 2021, Japan has accelerated its Web3 policy layout with the goal of becoming a global digital economy center. In other words, Japan is using tax policies and institutional design to create a sustainable, institutionalized growth engine for Web3, making the digital economy a new driving force when traditional growth falters. Traditional financial institutions enter the market Under the new regulations, banks and insurance companies can offer crypto asset services to clients through their securities subsidiaries. This measure: Breaking down the barriers between traditional finance and crypto assets; Open up channels for large-scale capital inflows into the market; At the same time, information disclosure and risk supervision are implemented to protect investors' interests. Japan is not relaxing regulations, but rather restructuring market rules: allowing innovation and institutions to go hand in hand, and providing a safe and controllable environment for financial institutions to participate in Web3. Breakthrough through institutional innovation Japan's economic contraction and the adjustment of cryptocurrency tax rates are actually signals of a strategic shift from traditional growth models to a digital economy. External demand is declining, investment is weakening, and traditional policy space is limited. Significantly reducing tax rates and institutionalizing the inclusion of crypto assets will inject new momentum into the economy. By attracting capital, technology, and talent through policies, Japan is paving the way for economic development over the next decade. This is not just a tax adjustment, but a strategic breakthrough in Web3. In the global competition of the digital economy, institutional innovation may be more explosive than technological innovation, and it has also allowed the Japanese economy to find a new way out of the "winter".