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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
[The US SEC officially abolished the extended "Custody Rule" proposal and "Rule 3b-16", along with other rules from the Gensler era] According to crypto journalist Eleanor Terrett, the US Securities and Exchange Commission (SEC) has just officially abolished the extended "Custody Rule" proposal and "Rule 3b-16", as well as other rules from the Gensler era.
The "Custody Rules" aim to cover all client assets, including encryption currencies, expanding the definition of "custody" and raising concerns about whether certain state-chartered entities should be recognized as qualified custodians. "Rule 3b-16" proposes to regulate decentralized finance (DeFi) exchanges/platforms as national securities exchanges.
The "Custody Rule" was designed to cover all client assets, including Crypto Assets, expanding the definition of "custody" and raising concerns about whether certain state-chartered entities should be recognized as qualified custodians. "Rule 3b-16" proposed to regulate decentralized finance (DeFi) exchanges/platforms as national securities exchanges.