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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
The U.S. GENIUS Act has been approved by the Senate, marking a historic step in stablecoin legislation.
PANews, June 18 - According to AP reports, the U.S. Senate passed the stablecoin regulation bill GENIUS Act with 68 votes in favor and 30 against, and the bill will be sent to the House of Representatives for review. The bill establishes a federal regulatory framework for stablecoins, requiring one-to-one reserves, consumer protection, and anti-money laundering mechanisms, but does not restrict the president and his family from profiting from stablecoin issuance, which has drawn criticism from Democrats regarding potential conflicts of interest for the Trump family. The Trump family's World Liberty Financial project profited over $57 million last year through token sales.