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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.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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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
South Korean presidential candidate Lee Jae-myung promised to promote the approval of Spot Crypto Assets ETF.
According to a report by The Block on May 7, the leading presidential candidate in South Korea, Lee Jae-myung, has pledged to promote the approval of Spot Crypto Assets Exchange-Traded Funds (ETFs) to fill the current legal gap that prohibits the issuance and trading of such products. Lee Jae-myung stated that he will promote Spot virtual asset ETFs and establish a comprehensive monitoring system to create a safer environment for virtual asset investments.
Lee Jae-myung, representing the left-leaning Democratic Party of Korea, announced his candidacy, stating that this move aims to provide more investment opportunities for the younger generation and promised to introduce other policies to support the asset growth of young people. Kim Byung-hwan, chairman of the Financial Services Commission (FSC) of Korea, stated in a meeting on Wednesday that the agency agrees with the campaign commitment regarding Spot Crypto Assets ETF and plans to discuss implementation plans with the new government.