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Bitcoin.com exclusive interview with Gate founder and CEO Dr. Han: Creating an integrated financial application Gate Money, reshaping the experience of capital flow

Recently, Gate founder and CEO Dr. Han accepted an exclusive interview with the cryptocurrency media Bitcoin.com, reflecting on Gate's journey from developing its underlying trading system in 2013 to becoming a platform serving over 61 million users across more than 130 countries and regions. He further elaborated on the strategic vision of the TOKEN2049 keynote speech "One Gate, Everything Money."Dr. Han stated that in the face of the long-standing barriers between traditional finance and the cryptocurrency market, users have often faced the dilemma of fragmented capital management. They not only need to frequently transfer funds between banks, brokerages, and cryptocurrency platforms but also have to keep a large amount of cash idle in bank accounts, suffering losses from inflation and lack of returns. Meanwhile, high-quality assets like stocks and gold are difficult to consume immediately due to liquidity constraints.To address this industry pain point, Gate officially launched the integrated financial application Gate Money, which consolidates fiat currency, cryptocurrency assets, gold, ETFs, and over 12,800 global stocks into a single account. Users no longer need to hold large amounts of low-yield idle cash and can allocate capital to high-quality assets with value preservation and appreciation potential. When a consumption demand arises, the system will instantly convert the corresponding assets into fiat currency for payment, keeping the funds in an investment state before consumption.

Gate Founder and CEO Dr. Han: Gate Money connects assets, funds, and payments, reshaping the new landscape of digital finance

During a live AMA interview hosted by CoinMarketCap, Gate founder and CEO Dr. Han discussed the development direction of digital finance, the product positioning of Gate Money, and the accelerated integration of digital assets with traditional finance.Dr. Han stated, "The future of digital finance lies not only in providing more asset choices but also in connecting assets, funds, and payments, allowing users to manage assets, transfer funds, and meet daily payment needs more conveniently within one ecosystem." Upholding the core concept of "One Gate, Everything Money," Gate Money integrates services such as digital assets, fiat currency, stocks, ETFs, gold, bank accounts, payments, and asset management into a single account, covering scenarios like asset holding, receiving payments, transferring, exchanging, paying, and earning. Users in eligible regions can also open an e-banking account with the same name and use the Gate Card for online and offline consumption with fiat or digital assets, further bridging asset allocation and daily payment scenarios.Regarding the accelerated integration of digital assets and traditional finance, Dr. Han also explored the roles of stablecoins and asset tokenization in cross-border capital flow, on-chain settlement, and financial service innovation. As user demands extend from single transactions to investment management, fund transfers, and daily consumption scenarios, Gate will continue to expand the asset categories, payment methods, and service capabilities of Gate Money, enriching the application of digital assets in diverse financial scenarios and providing users with a more integrated financial service experience.

Gate Executive Director Edwin Cheung: Cross-border payments are expected to become an important driving force for the next stage of growth in the cryptocurrency industry

According to a recent report by AlphaWire, Edwin Cheung, Executive Director of Gate, stated in an interview during TOKEN2049 Singapore that the payment business will become an important growth direction for Gate, serving individuals and corporate users with daily fund transfer needs.On October 7, Gate officially launched Gate Money, allowing users to open a global electronic bank account in their own name through the Gate App, and as services gradually open, it will accept payments in over 60 local currencies, connecting digital assets with everyday financial scenarios. Edwin Cheung pointed out that stablecoins can reduce the number of intermediary banks in cross-border transfers and enhance the transparency of fund flows. In the future, it will coexist long-term with traditional bank transfers, instant payments, and QR code payments, and will play a greater role in cross-currency payments as services develop in Europe, Asia, and the Middle East. Gate Money integrates functions of fiat currency, digital assets, stocks, ETFs, and gold, providing integrated financial services.Regarding institutional business and security, he mentioned that institutional investors remain highly concerned about liquidity and counterparty risk. Gate offers an OES over-the-counter settlement solution, allowing institutional clients' assets to be retained in third-party custodians while still utilizing Gate's liquidity and trading services, and enhancing transparency with reserve proof. He emphasized that user trust is crucial, and Gate's compliance qualifications, risk control system, and cooperation with various market regulatory agencies are key to the sustainable development of the business.

first_img Bill Gates: AI is the most dangerous invention of humanity, and the future year may see a large number of negative events in cybersecurity

On the 11th, Microsoft co-founder Bill Gates stated in a television interview that AI is the most dangerous technology ever invented by humanity, with risks exceeding those of cars, airplanes, and pharmaceuticals. He mentioned that the real threat at present is not AI going out of control, as that scenario is still years away from becoming a reality; rather, the more immediate threat is criminals using AI to carry out extortion, manipulate the stock market, and other crimes.Gates indicated that as criminals crack and bypass the security protections of the latest AI models, there will be a significant number of negative events in the cybersecurity field over the next year. He also mentioned concerns about biosecurity, stating that AI has significant implications for fields such as healthcare, but the potential risks still outweigh those of traditional industries that are already under strict regulation. Currently, there is no effective regulatory framework established globally, and within the next year, industry governance will have to move beyond mere self-regulation, while existing resource investments are far from sufficient.According to reports cited by the Financial Associated Press, Ken McCallum, the director of the UK's MI5, stated in the annual threat assessment that AI is exacerbating the cyber offense and defense game and may change the risk landscape of biological weapons. MI5 has announced the establishment of an AI threat assessment center. Additionally, reports indicate that executives from laboratories such as OpenAI and Anthropic have recently privately simulated disaster response plans, believing that a likely scenario involves cyberattacks impacting financial services, internet connectivity, or water and electricity supply.
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