📢 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
South Korea's FSC halts encryption lending; exchange-related services to be suspended starting 2025.
On August 19, according to reports, the South Korean Financial Services Commission (FSC) has ordered local crypto asset exchanges to suspend lending services starting from August 19, 2025. The Financial Management Commission stated that the suspension measures will last until the official guidelines for crypto asset lending are issued.
The regulatory agency pointed out that there is legal uncertainty and risk of user losses in lending services, and noted that in the first month after a digital asset company launched its lending service, approximately 27,600 investors borrowed 1.5 trillion won (1 billion USD). The Financial Services Commission stated that 13% of these borrowers were forced to liquidate due to price fluctuations.