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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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✅ 5,000 GT Prize Pool
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Top the leaderboards. The Race is ON!
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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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
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👉 https://www.gate.com/campaigns/1227
- #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
Nauru has established a dedicated regulatory agency for virtual assets through legislation.
[Nauru establishes a dedicated virtual asset regulatory agency through legislation] The Pacific island nation of Nauru has passed legislation to establish a dedicated virtual asset regulatory agency, covering Crypto Assets, Digital Bank, and Web3 innovation, with the aim of becoming a Crypto Assets hub. The bill establishes the "Command Ridge Virtual Asset Management Bureau" (CRVAA), responsible for overseeing the registration and service licensing of crypto assets businesses. According to the bill, crypto assets are defined as commodities rather than securities, and payment tokens are excluded from investment contracts. CRVAA will regulate the operation of Crypto Assets exchanges, initial token offerings, non-fungible tokens, lending, staking, yield farming, and other decentralized financial services, as well as stablecoin issuance, cross-border payment solutions, and Digital Bank.