📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Federal Reserve to Discontinue Crypto and Fintech Bank Supervision Program
Gate News bot message, according to Reuters, the U.S. Federal Reserve has decided to end its specialized program focused on monitoring banks' cryptocurrency and financial technology activities. The central bank's move dissolves a team of about 20 employees established in recent years to examine how traditional lenders engage with digital assets and fintech innovations.
The Federal Reserve instead plans to integrate these supervisory responsibilities into its regular bank examination framework. The decision marks a notable shift in the central bank's approach to overseeing banks' involvement in the digital asset space.