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BTC $77,048.41 +3.11%
ETH $2,409.40 +3.49%
BNB $642.29 +2.10%
XRP $1.47 +2.68%
SOL $88.52 +0.60%
TRX $0.3268 +0.39%
DOGE $0.0985 +0.94%
ADA $0.2575 +1.15%
BCH $454.68 +0.97%
LINK $9.59 +1.75%
HYPE $45.03 +3.66%
AAVE $114.75 +1.04%
SUI $1.00 +1.17%
XLM $0.1749 +5.24%
ZEC $340.73 +1.90%

benefits

U.S. SEC Chairman: Tokenized securities are still subject to securities laws, and distributed ledger technology has many potential benefits for the financial industry

The chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, stated during his appearance on the All-In Podcast, "From my perspective, distributed ledger technology (DLT) has many potential benefits for the financial services industry, and we are at a tipping point where T+0 settlement—almost instantaneous delivery and payment, even through on-chain digital assets—could be realized. This is very exciting. To prevent issues like fraud, we may even need to set up some speed bumps. However, there are also challenges, such as liquidity issues. What does the concept of best bid and ask mean in this new system? This is one of the problems we need to solve.Our principle is: if an asset is essentially a security, even if it is tokenized, it is still a security, and federal securities laws still apply. But regulators have the responsibility to ensure that our rules truly apply to new practical uses. As the purposes of trading and methods of delivery change, we also need to make corresponding adjustments. We need to adjust the system to make it truly applicable to the new technological environment.This is exactly what we are currently working on—reviewing our regulatory rules line by line to ensure they can adapt to the development of emerging technologies. The SEC is coordinating regulation with the CFTC. For example, if an asset is a tokenized security, it falls under the SEC's regulatory framework; whereas if it is a digital currency, digital token, digital tool, or digital collectible, it falls under the CFTC's regulatory scope."

Gate Wallet launches Gate DEX Gas-Free Benefits Month, with additional benefits for deposits

According to the official announcement, Gate DEX will launch a "Gas-Free Benefits Month" special promotion from February 10, 19:00 to February 25, 19:00 (UTC+8). During the event, Gate DEX will provide both new and existing users with multi-dimensional gas-free subsidies covering token sending, authorization, and trading, aiming to reduce users' on-chain interaction costs through full-process subsidies.It is reported that for users who create or import a new wallet within 7 days, Gate DEX offers 3 full-process gas-free opportunities; existing users can also receive 2 advanced gas-free benefits each month. In addition, the event features a "Recharge Bonus Gift," where users can activate additional token authorization and trading gas-free benefits instantly by pre-depositing 50 USDT to the gas station in a single transaction.The gas station is a recently launched multi-chain basic feature of the Gate wallet. By binding a dedicated gas account 1:1 with the user's EVM wallet, when users initiate on-chain transactions and the native gas is insufficient, they can choose to use the gas station balance to cover network fees, ensuring the smooth completion of transactions. This feature supports 10 mainstream EVM networks, including Ethereum, BNB Smart Chain, Arbitrum, and Polygon, and allows deposits of over 100 mainstream crypto assets, including GT, USDT, USDC, ETH, and BNB.
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