📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
The encryption company Cryptomus was fined a record $126 million by Canadian regulators.
PANews, October 22 news, according to Bloomberg, the crypto company Xeltox Enterprises Ltd. (operating under the name Cryptomus) has been fined CAD 177 million (approximately USD 126 million), the highest fine ever imposed, by Canada's anti-money laundering agency FINTRAC for thousands of violations of suspicious transaction reporting regulations within a month. This Vancouver-based company provides crypto asset trading, payment, wallet, and peer-to-peer transaction services. FINTRAC's CEO Sarah Paquet stated that given the severity of the violations, the agency “had to take unprecedented enforcement actions.” The regulator pointed out that Cryptomus failed to report over 1,000 transactions suspected of money laundering or terrorist financing by July 2024, and during the same period, it did not report over 1,500 transactions involving single amounts exceeding CAD 10,000 in virtual money.