#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 $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
🇬🇧 Now also in the United Kingdom:
👀 Just like in Spain. Starting in 2026, all exchanges and companies operating with cryptocurrencies in the United Kingdom will be required to collect and provide detailed data on:
User identity
Complete transaction details
📊 This is part of the new tax requirements published by the British Government, aimed at improving tax compliance and the traceability of transactions involving cryptoassets.
🔍 Official source: (
💰 Will decentralization be the only way to maintain financial privacy and anonymity in the future?
📷$BTC #exchanges # dex #cex