📣 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 Federal Reserve Board of Governors Waller: The Fed will more actively study embracing innovations in the payment field.
On October 21, according to Bloomberg, Federal Reserve Board of Governors member Christopher Waller stated that the Fed will more actively study how to embrace innovations in the payment field. In his speech at the Fed's Payment Innovations Conference, Waller mentioned that he has asked staff to explore the idea of “payment accounts,” calling it a “new era” for the Fed's payment operations. Payment accounts will have limited access to the Fed's services and will undergo streamlined reviews. Payment accounts will not earn interest, will not have overdraft limits, will not be able to use the discount window, and may face balance caps. Fed staff are exploring options to provide “payment accounts” to businesses that currently rely on third-party banks.