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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
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- #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
The Central Bank of Russia plans to tighten encryption regulation, opening investment only to high-quality investors.
According to Gate.io News bot, RBC reported that the Governor of the Central Bank of Russia, Elvira Nabiullina, announced a new Crypto Assets regulatory proposal. The proposal aims to strengthen the regulation of Crypto Assets in the domestic Settlement field, clearly stating that Crypto Assets are not allowed to enter the domestic currency circulation and internal Settlement systems.
The Central Bank also plans to implement a tiered management system for investments in Crypto Assets. According to the plan, only high-quality investors are allowed to directly invest in Crypto Assets, while the investment scope for ordinary qualified investors will be limited to the field of Crypto Assets derivatives.