📢 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#
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#White House Crypto Report# The White House Crypto Report, released on July 30, 2025, provides a comprehensive framework for cryptocurrency regulation and adoption in the United States. Here are the key points¹ ²:
- *Support for Crypto Innovation*: The report is seen as a "blueprint for action" by crypto enthusiasts, including Ripple's Chief Legal Officer, Stuart Alderoty, who praised the document as "comprehensive, helpful, and straightforward".
- *Regulatory Clarity*: The report recommends that the SEC and CFTC provide detailed guidance on crypto creation, use, and storage, which could help resolve regulatory uncertainty and promote mainstream adoption.
- *Pro-Innovation Approach*: The report's tone is pro-innovation and anti-CBDC (Central Bank Digital Currency), which could benefit companies like Ripple, particularly with its stablecoin Ripple USD (RLUSD).
- *Bitcoin Reserve*: The report also touches on the idea of a strategic Bitcoin reserve, which has been proposed by Senator Cynthia Lummis as part of the BITCOIN Act.
- *Market Impact*: Despite the report's release, Bitcoin and Ethereum prices didn't see significant movement, but the document is expected to shape the future of crypto policy in the US.
*Key Recommendations:*
- *Define Digital Asset Classification*: Establish clear rules for digital asset classification and custody.
- *Enhance Consumer Protection*: Implement stronger consumer protection measures.
- *National Security*: Improve national security measures related to crypto.
- *Support for Stablecoins*: Encourage the use of stablecoins while rejecting CBDCs.
*Industry Reaction:*
- Ripple's XRP and RLUSD are expected to benefit from the proposed regulatory clarity.
- The crypto community sees the report as a positive step towards a more supportive regulatory environment.