🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
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3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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California's first law enforcement: Coinme fined $300,000 for violating digital asset laws.
[Coin World] Coinme, a cryptocurrency ATM operator, was fined $300,000 for violating California's Digital Financial Assets Law, marking the first enforcement action taken by state regulators under this law. The main violations included exceeding the $1,000 daily transaction legal limit and failing to disclose necessary information on receipts. Coinme is also required to compensate a scammed elderly resident $51,700. The California Department of Financial Protection and Innovation (DFPI) stated that this enforcement action sends a strong compliance signal to the industry. Data shows that in 2024, the amount involved in cryptocurrency ATM scams in the U.S. reached $246 million (a 31% year-over-year increase), with nearly two-thirds of victims being seniors aged 60 and above. The state's 2023 legislation specifically established regulatory requirements for ATM operators to prevent fraud risks.