Crypto exchange Gate is launching in the United States, offering spot trading services to US customers for the first time. Founded in 2013 by Chinese scientist Lin Han, the company cited improved regulatory clarity in the country as the reason behind the move. According to Gate, it will initially offer crypto trading pairs for US…
United States Spot Ether exchange-traded funds (ETFs) hit a new milestone in July, recording $5.43 billion in net inflows, their highest monthly total since launch, according to ETF tracker SoSoValue. July’s performance represented a 369% increase over June’s total net inflow of $1.16 billion, showing a significant surge in investor interest. It also eclipsed previous months like…
The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s status as the global reserve currency. With stablecoins now gaining traction in global finance, the GENIUS Act could also prove a boon for the developing world, attract institutional…