📣 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
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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!
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The South Korean Financial Service Commission (FSC) has published a new regulation regarding the lending services offered by local cryptocurrency exchanges.
Under the new directive based on investor protection, the upper limit for interest rates has been set at 20%, while leveraged lending transactions on collateral value have been completely prohibited. The FSC stated that with the regulation, they have clearly defined the scope of digital asset lending activities with reference to global practices.