Gate Crypto Flash News and Market Updates

According to People's Bank of China data on August 28, the Chinese yuan cross-border payment system now covers 192 countries and regions. As of June 2026, the system has 210 direct participants and 1,619 indirect participants, reaching 192 countries through over 5,200 banking institutions. PBOC

According to Iran's Mehr News Agency, Iran's Foreign Minister Abbas Araghchi made a statement today (August 28) following a visit by Qatar's Prime Minister to Tehran. Araghchi stated that the U.S. must understand that pressure will not work, emphasizing that diplomatic resolution is possible if the

According to Forbes, on Aug 28, OpenAI CEO Sam Altman predicted the company will achieve artificial general intelligence (AGI) matching its internal definition by the end of 2026—an AI system that matches or exceeds human performance on most economically valuable tasks. Chief Research Officer Mark C

France's August CPI year-over-year initial reading came in at 2.4% in August, matching market expectations and rising from 2.1% in the previous month.

France's household consumption spending rose 0.5% month-over-month in July, exceeding the 0.0% forecast. The prior month's figure was also revised upward to 0.6% from the previously reported 0.4%.

French household consumption expenditure increased 1.4% year-over-year in July 2026, up from 0.1% in the previous month, marking an acceleration in consumer spending.

France's harmonized consumer price index (CPI) year-on-year rate for August came in at 2.7%, exceeding economist forecasts of 2.60% and rising from 2.40% in July.

France's private sector employment declined 0.1% quarter-over-quarter in Q2 2026, with the final figure matching the initial estimate.

French household consumption spending rose 0.5% month-on-month in July, surpassing expectations of 0% and the prior month's 0.4% increase.

France's August consumer price index (CPI) rose 0.7% month-over-month in its initial reading, matching the expected figure and up from 0.6% in the prior month.

France's harmonized CPI (Consumer Price Index) rose to 0.8% month-on-month in August (initial reading), exceeding the forecast of 0.7% and marking an increase from July's 0.6%, according to official data.

According to China's Ministry of Agriculture and Rural Affairs, Deputy Minister Zhang Zhili and Russian Federal Agriculture Deputy Minister Markovich co-chaired the 13th meeting of the Agricultural Cooperation Subcommittee under the China-Russia Prime Ministers' Regular Meeting on August 27 in

France's second quarter gross domestic product (GDP) growth rate came in at 0% (seasonally adjusted), falling short of the 0.20% forecast. Additionally, the first quarter figure was revised downward to -0.2% from an initially

According to research published by the Federal Reserve Bank of Dallas on August 25, 24/7 tokenized deposits could reduce banks' maturity transformation capacity by approximately $580 billion, researchers Rosie Levy and Srini Ramaswamy warned. The report estimates that a 10% reduction in the

France's second-quarter GDP declined 0.73% year-over-year, according to the latest data, missing economist forecasts of 0.70% growth and marking a reversal from the prior quarter's 0.70% expansion.

According to the UK government proposal, the Bank of England will receive a secondary objective to support innovation in stablecoins, tokenized finance and digital payment systems while maintaining financial stability as its primary goal. The change, which would extend the central bank's existing in

According to British reports on August 27, the U.S. Navy faces a severe budget crisis following military operations against Iran initiated by President Trump on February 28. The Navy not only participated in the initial strikes but has since borne responsibility

According to BlockBeats citing Bitget data, South Korea's KOSPI index closed down 123.48 points, or 1.79%, to 6,788.89 on Friday (Aug 28). SK Hynix fell 4.45% and Samsung Electronics declined 3.38%.

Morgan Stanley downgraded the European paper and packaging sector to Underweight from Hold on August 28, signaling reduced confidence in the industry outlook.

According to The Guardian, on August 27, Canada announced it will impose 25-50% retaliatory tariffs on U.S. tissue paper raw materials starting September 8. The move responds to U.S. tariffs on Canadian goods.
The U.S. imported approximately $328 million worth of tissue paper from Canada in 2024, m