🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
U.S. Senator Proposes Amendment: Aims to Prohibit Officials from Profiting through Crypto Assets Promotion
Gate News bot message, according to a July 1 report by Fox Business News, Oregon Democratic Senator Jeff Merkley proposed an amendment to the “Big and Beautiful Act” ( OBBB ). The amendment aims to prohibit elected officials from profiting from the promotion of crypto assets tokens in which they have a financial interest.
However, this proposal was opposed by Wyoming Republican Senator Lummis. Lummis believes that the amendment would severely impact the United States’ innovation capacity and competitiveness, while also undermining the U.S. government’s effective understanding and regulatory capacity regarding digital assets.