📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, David Sacks, the White House's head of artificial intelligence and cryptocurrency affairs, expressed his dissatisfaction with major banking institutions in the United States on social media. He pointed out that several top banks still prohibit or restrict access to Bitcoin ETFs on their wealth management platforms.
Sacks questioned in his statement: "Why are leading banks in the U.S. still hindering customers' access to Bitcoin ETFs? Does this mean the trend of 'de-banking' is still ongoing?"
This statement has sparked widespread discussion in the Crypto Assets community. Many believe that traditional financial institutions' attitudes towards emerging digital assets reflect their concerns about potential competition. At the same time, there is also a view that banks' cautious approach may stem from concerns about the volatility of the Crypto Assets market.
With the regulatory approval of the Bitcoin ETF, it provides ordinary investors with a relatively safe way to access this emerging asset class. However, the restrictive measures from large banks may affect their clients' opportunities to participate in this market.
Sacks' public questioning undoubtedly adds new attention to this controversial topic. As a senior official at the White House, his views may influence future policy-making. This incident also highlights the ongoing tension between the traditional financial system and emerging digital assets.
In the future, how the banking industry balances innovation and risk management, and how regulatory agencies respond to this contradiction, will be an important issue in the financial sector.