#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
FCA to Strengthen Crypto Regulations in The UK
Various countries are embracing Bitcoin and crypto while some are trying to push leash on the ecosystem. The UK is one of the countries that are trying to bring strict regulations to protect the investors. The Financial Conduct Authority (FCA) has shared its latest proposals for tight regulations on crypto assets. The objective behind them is to make the market safer.