Gate Square Latest Posts

U.S. regulator's GENIUS pitch casts dark cloud over crypto sector's stablecoin model ⚖️

In recent years, California has been considering the introduction of a new billionaire tax as a radical reform to address wealth inequality. Amidst this race against time, numerous challenges to implementation have emerged.
Historically, ultra-wealthy individuals have minimized their income tax burdens by utilizing tax-exempt assets such as stock options, family trusts, and art collections. Based on this reality, the proposed one-time 5% billionaire tax by California has garnered attention as a means to reduce the wealth gap.
However, as reported by Bloomberg and discussed on the "Everybody's

The stablecoin rules proposed by the Office of the Comptroller of the Currency could put pressure on platforms like Circle and Coinbase, indicating that close financial ties might be viewed as an attempt to circumvent the prohibition on issuers providing yields under the . While the proposal leaves room for rebuttal, it does raise questions about third-party reward programs, which are a key assumption in the industry and a major point of contention in the ongoing negotiations over the @E5@.

That lady next to me has been on the damn treadmill for 39 minutes.
Physical education is very necessary.