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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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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
The U.S. House of Representatives is preparing a new round of legislation for the crypto market, with multiple related bills moving forward.
According to Gate.io News bot, Blockworks reports that the U.S. House of Representatives is drafting a new round of crypto market structure legislation, which is planned to be released at the end of this month. This bill draft will use the previous Congress's "21st Century Financial Innovation and Technology Act" (FIT21) as a reference.
Currently, the STABLE Act in the House of Representatives and the GENIUS Act in the Senate have passed the committee review stage. The two bills have detailed differences in the allocation of regulatory authority and have not yet entered the full voting stage.