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- 🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
To join: Comment your answers (format: 1B 2A 3B 4C)
🎁 Rewards: 3 lucky winners each day → $10 BTC each
👑 Bonus: Answer all questions correctly for 3 days → Extra $10 BTC for Super Quiz King!
📖 Day 1 · Quiz (Single Choic - 💥 Gate Square Event: #SOMI Creative Contest# 💥
Post original content related to SOMI or CandyDrop #76 on Gate Square for a chance to share 180 SOMI rewards!
CandyDrop 76: CandyDrop x Somnia (SOMI)👉 https://www.gate.com/announcements/article/46912
📅 Event Period: Sep 8, 2025 – Sep 15, 2025
📌 How to Participate:
Post original content related to SOMI or the CandyDrop event
Minimum 80 words
Add hashtag: #SOMI Creative Contest#
Include CandyDrop participation screenshot
🏆 Rewards:
🥇 1st Prize (1 winner): 60 SOMI
🥈 2nd Prize (3 winners): 30 SOMI each
🥉 3rd Prize (6 winners): 10 SOMI each
(T - 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
Former CFTC Chairman: CFTC Needs New Authority to Eliminate Risks in the Crypto Market
Gate News bot message, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, stated during an interview with Bloomberg TV on May 28 that the Crypto Assets market will remain unregulated unless the CFTC is granted greater authority.
Behnam sticks to its long-held view that cryptocurrencies are commodities, "If you look at the current law, you'll see that several of the largest tokens by market capitalization are commodities, which means that the SEC (SEC) has no jurisdiction over these tokens, including Bitcoin and Ethereum." ”
He added that the SEC is currently unable to properly regulate Crypto Assets because its laws do not permit it to regulate commodities, and the CFTC is also unable to regulate because it is a derivatives regulatory agency.
Behnam believes that if the CFTC does not have new powers to regulate the "digital assets, non-securities cash market," it will continue to be an unregulated area.
Source: Cointelegraph