📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
China implements a cryptocurrency storage protocol amid a trading ban.
The security forces of Guizhou Province ( China ) have recently started using a common custody model and cold wallets to handle cryptocurrencies seized from illegal activities, particularly in the city of Duyun.
This approach reflects China's strategic shift in managing digital assets amid the backdrop of a cryptocurrency trading ban, which could impact the liquidity and legal framework of the market.
Since the trading ban in 2021, the Đô Doanh police agency has developed a process for managing seized cryptocurrencies. The implementation of cold wallets and a centralized custody system marks a significant step in law enforcement activities.
However, the storage and handling of digital assets face many challenges, forcing China to adjust its approach. Lawyers warn that the direct sale of these assets conflicts with the trading ban, while also expressing concerns about legal compliance and the risk of disrupting the market.