Odaily News During the BTC Asia "Asian Institutions Lead the New Era of Bitcoin" roundtable forum, Avenir Group CEO Lan Jianzhong (Jason) pointed out that as products like Bitcoin ETF and Digital Asset Treasury (DAT) accelerate traditional institutions getting on board, institutional investors are facing a new core challenge: the disconnection of funding channels between TradFi and the crypto market severely restricts capital efficiency. "The key in the future is to enable institutional investors to connect all assets within one system, achieving a unified funding path and purchasing power," Jason stated. This means achieving unified management of traditional and digital assets and cross-market trading, promoting efficient capital flow between different markets.

Jin10 data, August 29 - Institutional analyst Robert Howard stated that as long as the EUR/CHF remains above 0.92, the Swiss Central Bank seems likely to maintain its policy interest rate at zero in September and December. Swiss Central Bank Vice President Martin indicated this week that the threshold for the Central Bank to push rates back into negative territory will be higher compared to previously lowering rates from positive values. Martin also pointed out that the recent weakening of the dollar against the Swiss franc is unlikely to have a significant impact on Swiss inflation (the USD/CHF fell to a 10-year low in early July). Swiss inflation data for August will be released next Thursday (September 4), three weeks before the Swiss Central Bank's next interest rate decision. The Swiss CPI rose slightly year-on-year to 0.2% in July, up from 0.1% in June and -0.1% in May. The EUR/CHF has not touched the 0.92 level downwards since January 2015, with the last time it approached this key support level being in April.

On August 29, the crypto market continued its volatile pattern, with Bitcoin (BTC) and Ethereum (ETH) stabilizing near key support levels, while some altcoins surged nearly 20% against the trend. This article will analyze the support and resistance levels of BTC and ETH using Gate market data, and highlight today's top gainers ELIZASOL, LAUNCHCOIN3L, and HNB, while also providing short- to mid-term investment strategy recommendations.

Jin10 data reported on August 29, SEB Research analysts stated in a report that they expect a downward trend in U.S. Treasury interest rates. They anticipate that the key factor influencing the U.S. Treasury market in the coming quarters will be Fed rate cuts, rather than concerns over fiscal matters. They stated: "Historical patterns indicate that bond yields may generally decline throughout the easing cycle, which could extend into the fall of next year."

Gate News Bot news, on August 29, according to CoinMarketCap, as of the time of writing, GAIA (GAIA) is currently priced at $0.10, up 40.55% in the last 24 hours, with a high of $0.12 and a low of $0.06. The current market capitalization is approximately $16.7 million, an increase of nearly $4.82 million compared to yesterday. Important news about GAIA recently: 1️⃣ **GAIA mainnet successfully launched, promoting decentralized AI development** The GAIA artificial intelligence mainnet has officially launched, marking a significant advancement for the MIRA project in promoting decentralized trust in artificial intelligence. The launch of the mainnet provides key infrastructure for the GAIA ecosystem, expected to accelerate the development and implementation of decentralized AI applications. 2️⃣ **Gate Exchange Launchpool Activity

BlockBeats news, on August 29, according to Cointelegraph, FTX's former law firm Fenwick & West LLP has filed to dismiss a lawsuit that alleges the firm played a key role in the collapse of the cryptocurrency trading platform worth billions of dollars. The firm stated that after two years of litigation, the plaintiffs have still failed to prove that Fenwick & West was aware that its clients were committing fraud. The lawsuit, filed in 2023, lists numerous defendants, with investors claiming they were aware of FTX's fraudulent activities. Fenwick & West insists that it should be excluded from this dispute. The firm did not immediately respond to a request for comment.

According to ChainCatcher news, as reported by Jin10, Fed Governor Waller stated that there is no predetermined order for the pace of interest rate cuts, and the current key is how quickly the Fed can reach a neutral interest rate level.

Trader 0xWizard analyzes that the current BN track has clear liquidity support, but lacks holders in both Chinese and English; the Solana/Base Meme community is active but lacks significant liquidity support; the WLFI track has a bilingual community and potential liquidity support, but the price is relatively high. He believes that in the future, liquidity support, diversification of holders, and sufficient opportunities to build a position are necessary to trigger the wealth effect.

CryptoQuant analysts point out that short-term holders of Bitcoin have a significant impact on market sentiment. Currently, Bitcoin is in the 109K to 112K range, which is a key turning point. A breakout may strengthen the rise, while a drop may accelerate the pullback. The short-term resistance level is 117.3K, and the support level is 92.4K, with a realized price of 108.9K.

BlockBeats news, on August 28, Brazilian Finance Minister Haddad stated that he may file a lawsuit against the U.S. government for a 50% tariff in U.S. court, warning against the weaponization of the dollar. This move exacerbates U.S.-Brazil tensions and discussions on de-dollarization, becoming variables for capital flow and risk appetite in emerging markets. In terms of Crypto Assets, the BTC settlement heatmap shows a gathering of 114,000 liquidations and open orders, which is the main pressure; the resistance above is at 116,800; the support below is at 112,000 and 109,500–110,000. Bitunix analysts suggest: This event is part of a long-term game of legal and policy strategies, with limited short-term impact on liquidity. The key still lies in the DXY trend and the rhythm of tariff implementation. If the "weaponization of the dollar" controversy heats up and settlement diversification spreads, it will be favourable for the BTC mid-to-long term narrative; conversely, a strong dollar will suppress valuations. It is recommended to follow U.S.-Brazil legal developments.

Jin10 Data reported on August 28 that Goldman Sachs stated in its latest report that NVIDIA (NVDA.O) latest financial report and guidance for the next quarter, although stable and generally in line with Wall Street expectations, may still struggle to meet the previously high market expectations, potentially leading to downward pressure on its stock price in the short term. Goldman Sachs analysts believe that the market has largely priced in the growth potential brought by its new generation Blackwell architecture chips. However, Goldman Sachs still maintains a "Buy" rating on NVIDIA and set a 12-month price target of $200. This target price is based on an estimated normalized earnings per share of $5.75 and a price-to-earnings (P/E) ratio of 35 times. The report also pointed out four key downside risks that investors need to be cautious of: a slowdown in AI infrastructure spending, intensified competition leading to market share loss, competition damaging profit margins, and supply chain constraints.

Gate News Bot message, on August 28, according to CoinMarketCap data, as of the time of writing, KAIA (Kaia) is currently priced at $0.16, rising 12.46% in the last 24 hours, with a maximum of $0.17 and a minimum of $0.14, and a 24-hour volume of $85.9 million. The current market capitalization is approximately $983 million, an increase of $109 million compared to yesterday. Important news about KAI recently: 1️⃣ **Price breaks through key resistance level** The KAI price has broken through the key resistance level of $0.15 in the past 24 hours, reaching a high of $0.17, demonstrating strong upward momentum. This breakout may attract more investors' attention, further driving the price rise in the short term. 2️⃣ **volume significantly increases** 24-hour volume reached 8

Gate News Bot news, on August 28, according to CoinMarketCap data, NODE (NodeOps) is currently priced at $0.12, with a rise of 10.77% in the last 24 hours, peaking at $0.12 and dropping to a low of $0.09. The current market capitalization is approximately $16.1 million, an increase of $1.56 million compared to yesterday. Important news about NODE recently: 1️⃣ **Acceleration of the democratization process of Layer 2 infrastructure** R0AR announced a node sales campaign aimed at promoting the democratization of Layer 2 infrastructure while rewarding community participation. This initiative is expected to enhance the importance of NODE in the Layer 2 ecosystem and could be one of the key factors driving its price rise. 2️⃣ **Node operation receives increased attention**

On August 27, Jin10 reported that Italian Prime Minister Meloni vowed to restart a reform proposal regarding the method of electing prime ministers, even though previous reforms seemed to lack enthusiastic public support. Meloni stated at a political meeting on Wednesday: "The direct election of the head of government is the strongest guarantee of stability and governability. And stability, as we have seen in recent months, is an extraordinary factor for competitiveness." Currently, Italian citizens do not directly vote for the prime minister; instead, the president appoints the prime minister based on election results and consultations with party leaders. This system was seen as an important safeguard against authoritarianism when Italy overturned the fascist regime and established a new constitution after World War II, but it has also been criticized as a key reason for prolonged governmental instability.

According to ChainCatcher news, Jin10 reported that Fed's Williams stated that an independent Central Bank can bring stability to the economy, emphasizing the key role of the Central Bank in maintaining financial stability.

Matrixport's latest report indicates that Ethereum continues to attract attention, maintaining a rising trend supported by the MA. Analysts expect it to oscillate within the range of $4,355 to $4,958, with the key being the fundraising ability of the Ethereum treasury company.

According to Jinse Finance, Glassnode's chief analyst James Check stated that Bitcoin's market cycles are not anchored to the Halving events as commonly believed, but are driven by other factors influencing the bull run and Bear Market cycles. "In my view, Bitcoin has gone through three cycles, but they are not centered around the Halving," Check said on Wednesday, referring to the event that reduces Mining rewards every four years on the Blockchain. He pointed out that market cycles actually operate around "adoption trends and market structure," with the market peak in 2017 and the bottom in 2022 being key turning points. Check the first three periods are divided into: "Adoption Cycle" (2011 to 2018), driven by early adoption from retail investors; "Growth Phase Cycle" (2018 to 2022), characterized by "highly leveraged wild west-style prosperity and collapse

Gate News Bot message, August 27, according to CoinMarketCap data, as of the time of writing, DOP (Data Ownership Protocol) is currently priced at $0.00060, with a rise of 57.25% in the last 24 hours, reaching a high of $0.00074 and a low of $0.00037. The 24-hour volume has reached $1.83 million. The current market capitalization is approximately $5.2 million, an increase of $1.89 million compared to yesterday. Important news about DOP recently: 1️⃣ **Tokenomics reset receives overwhelming support from the community** The DOP project recently held a key community vote involving significant adjustments to the token economics. The voting results show that the vast majority of community members support this change, reflecting a strong consensus on the future development direction of the project. This strong community cohesion

Jin10 data reported on August 26 that Canada plans to negotiate the supply of liquefied natural gas to German buyers to meet the continuously rising demand from the European Union. Liquefied natural gas was one of the topics discussed between Canadian Prime Minister Carney and German Chancellor Merz in Berlin on Tuesday. In addition to announcing a key mineral partnership and revealing that German companies have become two of the preferred bidders for Canada's lucrative submarine contracts, the Canadian side also emphasized the potential for exporting liquefied natural gas to Europe’s largest economy. The Carney government issued a press release stating that the energy partnership established between Canada and Germany lays the foundation for deepening bilateral cooperation in the liquefied natural gas sector. According to officials from the Ottawa government, during the previous Trudeau administration, Canada continuously received signals of demand from Germany and EU countries for increased production of liquefied natural gas.

Jin10 data reported on August 26, the latest monetary policy meeting minutes released by the Central Bank of Sweden on Tuesday showed that if the factors causing inflation to exceed the target dissipate as expected, there is still a possibility of interest rate cuts this year. The Central Bank of Sweden maintained the key interest rate at 2.00% during the meeting, and the next policy decision will be made on September 22. Governor Tegn pointed out, "Although some situations indicate that economic activity will rise soon, there is still considerable uncertainty. However, given that the inflation outlook remains favorable, there is reason to keep the door open for further interest rate cuts."

Gate News Bot news, on August 26, according to CoinMarketCap data, as of the time of writing, LINK (Chainlink) is reported at $23.47, falling 8.88% in the last 24 hours, with a high of $27.74 and a low of $23.14. The 24-hour volume reached $1.956 billion. The current market capitalization is approximately $15.917 billion, a decrease of $1.551 billion compared to yesterday. Chainlink is a core infrastructure of blockchain. It provides key solutions for cross-chain communication, compliance, data, and computation, supporting various use cases such as tokenized assets, stablecoins, and DeFi. Chainlink is trusted by financial institutions like Swift, JPMorgan, Mastercard, and DeFi protocols like Aave and GMX, and has facilitated tens of trillions of dollars in on-chain transactions.

PANews August 26 news, Mayne, the founder of the Crypto Assets self-operated company Breakout, stated that Bitcoin may be about to welcome a Rebound, potentially continuing to consolidate in the range of $110,000 to $120,000, provided it does not fully return to the previous range. In addition, SOL/ETH is currently at an important monthly support level, while ETH/BTC has broken through its high, and ETH/USD shows signs of a weekly level sweep. Based on this, he tends to position long orders when the SOL/USD price retraces, believing that $190 is a key level.

On August 26, the cryptocurrency market continued its volatile pattern, with Bitcoin (BTC) and Ethereum (ETH) prices remaining relatively stable, while some altcoins experienced a strong pump. SFTY, SS20, and MTG all saw an increase of over 26% in 24 hours, becoming the focus of the market. This article will comprehensively analyze the current market trends and future opportunities by combining technical analysis, liquidity data, and investment strategies.

BlockBeats news, on August 26, the blockchain data monitoring platform Bubblemaps published that according to its tracked capital flows, LIBRA token key figure—Kelsier Labs LLC's CEO Hayden Davis earned $12 million by sniping the YZY token's opening. According to GMGN market data, the YZY token surged to a market capitalization of $3 billion at opening, then entered a one-sided falling trend, and has now dropped to a market capitalization of $550 million, with a 24-hour fall of 19.66%. BlockBeats previously reported that the crypto KOL scooter (@imperooterxbt), who was involved in exposing the insider information of the LIBRA token, stated that it can be 99% certain that Hayden.

On August 25, the cryptocurrency market continued its volatile pattern. Bitcoin (BTC) and Ethereum (ETH) experienced slight pullbacks, but the Trading Volume remained high, indicating sustained market activity. Mainstream funds continued to flow into the two leading coins, with institutional sentiment leaning bullish and retail investors remaining neutral and observant.

Last week (from August 18 to August 24), the crypto market experienced a roller coaster ride under the interplay of macro factors and capital flows. The net outflow amount of Bitcoin ETFs reached a staggering 1.178 billion USD, Ethereum ETFs ended their 11-week streak of net inflows, and altcoin sentiment gradually warmed up. Below is Gate's weekly industry review, helping you quickly grasp the market pulse and this week's key points of interest.

The Kobeissi Letter published a market analysis, expecting that the Fed's interest rate cut will not go as Trump wishes, and that the rate cuts have lagged behind global trends. Currently, the wealth gap in the United States is widening, with asset owners benefiting more, and 2026 is expected to be a key year for the market.

Golden Finance reports that Vaneck has launched the Trusector ETF, aimed at enhancing asset allocation by providing a comprehensive equity market sector and closely aligning with industry benchmarks to improve accuracy. The ETF structure is based on the market weights of the sectors in the S&P 500 index, covering information technology and consumer industries. Key benchmarks include the S&P 500 Information Technology and Consumer Select Total Return Index.

Golden Finance reported that Binance will launch the DORA trading competition on August 23, 2025, at 20:00, with the event continuing until September 6, 2025, at 20:00. Participants in the Binance Wallet (no private key) or Binance Alpha trading DORA (DORA) can share a reward of 2,500,000 DORA, with the first 12,500 users splitting the reward, each receiving 200 DORA.

According to ChainCatcher news reported by Bitcoin.com, Chris Maurice, co-founder and CEO of the encryption payment platform Yellow Card, stated that stablecoins (such as USDT) rather than Bitcoin will become the core payment infrastructure of the future. He pointed out the case of USDT quickly replacing Bitcoin in payment scenarios and emphasized that on-chain capital flow is the key pathway to driving global adoption of encryption.

Jin10 data reported on August 22 that the Beijing Stock Exchange has continued to list "ST Guangdao" and "ST Yun Chuang" as key monitoring stocks with delisting risk warnings from August 18 to August 22, 2025, strengthening trading risk alerts; for 6 cases of abnormal securities trading behavior, self-regulatory measures such as issuing warning letters and suspending securities account trading have been taken, involving pump and dump, false declarations, and other abnormal trading situations; special inspections have been conducted for 3 major events of listed companies.

Golden Finance reported that Matrixport released a weekly report stating that Bitcoin has reached a new historical high, but the overall momentum appears particularly weak. Key indicators that had been continuously rising are now showing significant divergence, raising doubts about the sustainability of this round of pump. Debt expansion, seasonal factors, and on-chain structural changes are all acting on the market. Some data reflects a tendency for profit-taking in the market, while other indicators show that the core driving force of the bull run is still present. The gap between short-term enthusiasm and long-term confidence is rapidly narrowing, and the coming weeks may become a key Node in determining the trend. In the past six weeks, we have consistently maintained a relatively cautious trading position. The reason is that Bitcoin's recent breakout attempts lack the confidence and subsequent momentum displayed during previous bull runs. The overall timing seems a bit awkward, and the key indicators that have consistently supported strong upward movement have not appeared simultaneously. Therefore, it is not surprising that Bitcoin is currently maintaining a range-bound oscillation pattern.

On August 22, the Crypto Assets market continued to oscillate narrowly, with Bitcoin (BTC) and Ethereum (ETH) both slightly retreating. BTC firmly held the key support at $112,003, while ETH stabilized around $4,204. The technical indicators show that long positions momentum has weakened, but the medium-term bullish trend remains unchanged. The Gate analysis team will break down the current technical signals and investment strategies for you.

PANews, August 22, reported by Businesswire, states that Kraken has announced the completion of the integration of SSV Network's Distributed Validator Technology (DVT) into its Ethereum staking infrastructure. This architecture is said to support all staking clients of Kraken and aims to achieve decentralized operation of Ethereum validator nodes, no longer relying on a single machine or software client, but rather distributing the responsibilities of validator nodes across a group of independent nodes, each holding a secure copy of the validator's Secret Key.

Golden Finance reports that Fed's Bostic stated that by the end of the year, the market will have enough clarity for businesses to make key decisions.

Odaily News RWA infrastructure protocol Finity announced that the development of its Mainnet and the node stake plan will be accelerated, aiming to unlock the key link of compliance asset on-chain through innovative RWA mapping and yield mechanisms. According to official information, Finity has collaborated with multiple Web 3 institutions, node service providers, and asset parties, and has received preliminary contact from several exchanges and custodial institutions.

Jin10 data reported on August 20 that investors are pouring money into hedge funds at the fastest pace in a decade, betting that the turbulent market will yield excess returns. According to data from Hedge Fund Research, in the three months ending in June, hedge funds saw net inflows of about $25 billion, bringing the total net inflow for the first half of the year to over $37 billion, the highest level since 2015. After a prolonged slump, global investor interest in hedge fund strategies seems to be rebounding this year. According to Citco data, hedge funds have achieved positive returns for 11 consecutive quarters, and their resilience in market turmoil (such as the tariff shocks in April) is seen as a key factor in attracting new investors. Demand for large multi-strategy hedge funds like Millennium Management and Citadel remains strong, with many such firms closing their doors to new investors.

On August 20, the cryptocurrency market continued its volatile trend, with Bitcoin (BTC) and Ethereum (ETH) both facing downward pressure. BTC held steady at the support level of $112,573, while ETH dropped below the $4,120 mark. Although short-term fluctuations have intensified, the capital flow and trading depth indicate that market liquidity remains healthy, providing investors with various opportunities for short-term and mid-term positioning.

Bitcoin (BTC) has experienced a deep pullback, temporarily reported around 113,110 USD on August 20. Key Republican senators anticipate that the Democrats will support the Digital Asset Market Clarification Act (CLARITY Act). Former White House cryptocurrency director Bo Hines serves as an advisor to Tether, promoting a strategy for expansion into the United States. Ripple's RLUSD and the USD1 linked to Trump are used for the bullish 1.1 billion USD IPO settlement.

According to ChainCatcher news, Jin10 reported that the U.S. stock market opened lower on Tuesday, as Home Depot's earnings report kicked off a series of key retail company performances, with investors also following this week's central bank annual meeting to assess the interest rate path. The S&P 500 index opened down 0.1%, the Nasdaq 100 index fell 0.5%, and the Dow Jones Industrial Average rose 0.2%. Stephen Schwartz, founding partner of Vanguard Financial, stated that Powell's speech on Friday could become a turning point for the market, with expectations of signals indicating a possible rate cut in September.

According to ChainCatcher news, Forbes reports that the tokenization scale of real-world assets (RWA) in non-financial categories will rise by 240% year-on-year in 2024, significantly surpassing traditional RWA categories. Key advancements focus on three major areas: domain name assets, intellectual property, and carbon credits. In terms of intellectual property, platforms like Oasys have established blockchain IP storage systems to reduce the risk of rights confirmation fraud, and the fractional trading model of music copyrights has been expanded to the creative industry. According to reports, Oasys is a Layer 1 blockchain designed specifically for gaming. Through its EVM L1 and private L2 aggregation, Oasys creates an attractive solution for both large and independent game studios to deploy their games and intellectual property on-chain.

ChainCatcher message, the multi-agent scheduling platform Questflow successfully unlocks the autonomous agent economy with Coinbase's CDP Server Wallets and x402. As the demand for multi-agent orchestration and real-time coordination continues to grow, Questflow needs to provide secure wallets for each agent and implement on-chain payment capabilities without the need for manual signatures, Gas payments, or key management. To this end, Questflow introduces CDP Server Wallets, enabling secure and scalable wallet creation, and integrating on-chain autonomous payments between x402-driven proxies. The combination of the two brings a fast, secure wallet system and native seamless payment capabilities. Since the integration of CDP Wallets v2 and x402, Quest

Gate News Bot message, August 19, according to CoinMarketCap, as of the time of writing, ACA (Acala Token) is currently priced at $0.03, having risen 11.53% within the last 24 hours, with a high of $0.04 and a low of $0.03. The current market capitalization is approximately $37.5 million, an increase of $3.88 million from yesterday. Currently, ACA ranks 681st in global crypto assets market capitalization. Important news about ACA recently: 1️⃣ **Price breaks through key resistance level** The ACA token price has seen a significant rise in the past 24 hours, breaking through the key resistance level of $0.03, reaching a high of $0.04. This breakthrough opens up further upward space for ACA, indicating a recovery in market confidence towards the project. 2️⃣ **Market capitalization rise is significant**

PANews August 18 news, according to SolanaFloor, Bonk.Fun has added a points label on its launchpad, indicating plans to launch a points system to incentivize creators and traders. This move comes at a time when its market share has significantly declined, with Pump.fun currently taking the lead in key metrics such as new Token minting, Token binding, and active Wallets.

Jin10 data reported on August 18, Tickmill Group market strategist Patrick Munnelly stated in a report that the upcoming Jackson Hole seminar, which will open on Friday, is expected to be a key moment for the market, during which Fed Chairman Powell will outline the Fed's short-term policy direction. However, he pointed out that, as usual, the differing opinions of Trump and Bessent could add noise. Munnelly mentioned that the noise could arise from ongoing discussions surrounding Fed appointments, potential legal challenges, and changes in labor market reports. He added, "Before this, the July FOMC meeting minutes to be released on Wednesday may provide valuable clues for bridging the interest rate outlook discrepancies."

On August 18, the Crypto Assets market continued its oscillating pattern, with Bitcoin (BTC) and Ethereum (ETH) both experiencing downward pressure. Although long-term funds continue to flow in, macroeconomic and geopolitical uncertainties have made the short-term trend full of variables. The research team at Gate exchange conducted an in-depth analysis of the support and resistance levels, technical trends, and investment strategies for the two core assets.

PANews August 18 news, Coinbase CEO Brian Armstrong tweeted that the Coinbase team focused on advancing the "Everything Exchange" project last week in New York from 9 AM to 9 PM (and later). CEO Brian Armstrong announced that all key project teams in the third quarter will be arranged for similar high-intensity work to accelerate progress.

Gate News Bot news, on August 18, according to CoinMarketCap data, as of the time of writing, POND (Marlin) is currently priced at $0.01, with a rise of 19.37% in the last 24 hours, peaking at $0.01 and falling to a low of $0.01. The current market capitalization is approximately $8.43 million, an increase of $1.37 million compared to yesterday. Marlin is a scalable decentralized computing co-processor platform. It allows computing tasks to be delegated to TEE-based off-chain microservices, and on-chain verification of proofs and credentials. Marlin aims to accelerate execution, reduce costs, prevent IP theft, and provide chain abstraction and scalability. Its Oyster framework supports the building and deployment of TEE applications, including reproducible builds, key management services, credential validation, and more. Important recent news about POND: 1️⃣ **Pl

Gate News Bot news, on August 18, according to CoinMarketCap data, as of the time of writing, LINK (Chainlink) is currently priced at $25.87, up 14.85% in the last 24 hours, with a high of $26.22 and a low of $20.87, and a 24-hour volume of $2.644 billion. The current market capitalization is approximately $17.541 billion, an increase of $2.268 billion from yesterday. Chainlink is a core infrastructure of the blockchain. Chainlink provides key functions such as cross-chain communication, compliance, data, and computation, enabling financial institutions and blockchains to access secure data, cross-chain interoperability, and decentralized computing, thereby building advanced on-chain applications. Chainlink is trusted by global institutions such as Swift, JPMorgan, and Mastercard, and has supported hundreds of billions of dollars in chains.

Jin10 reported on August 16 that despite being postponed for a day, the new round of global plastic pollution governance negotiations failed to reach a Consensus on the 15th local time. This round of UN negotiations was supposed to be the final round of discussions aimed at establishing the first legally binding international protocol for plastic pollution (including marine plastic pollution). However, like last year's meeting in South Korea, the negotiations once again did not yield results. It is reported that the talks have stalled on key issues such as whether to limit the exponential rise in plastic production and whether to implement global legal constraints on toxic chemicals used in plastic manufacturing.