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ChainCatcher reported that South Korea will remove cryptocurrency trading and brokerage businesses from the list of industries prohibited from obtaining venture capital enterprise status. The Ministry of SMEs and Startups of South Korea announced on Tuesday that the Cabinet has approved amendments to the Enforcement Decree of the Special Act on the Promotion of Venture Businesses. These amendments will take effect on September 16, paving the way for cryptocurrency-related companies to obtain venture capital company certification, enabling them to better access funding and government support. By lifting these restrictions, South Korea aims to foster blockchain and cryptocurrency technology as a deep tech sector within the broader digital asset ecosystem. South Korean Minister of Science and ICT, Lee Jong-ho, stated: "This is part of ensuring future growth engines that align with global trends. We will concentrate policy resources to ensure that venture capital flows smoothly into emerging industries and supports their development."

Jinse Finance reported that TD Securities strategists stated in a report that the US CPI inflation data is more likely to trigger a reaction in the EUR/USD exchange rate, rather than the European Central Bank's interest rate decision. The strategists noted that the European Central Bank is expected to keep the deposit rate unchanged at 2.0%, which is in line with general market expectations. The central bank may indicate that uncertainty has decreased after a trade agreement between the US and Europe, but will still emphasize that future decisions will be made on a meeting-by-meeting, data-dependent basis. TD Securities strategists said: "The US CPI will be a bigger driver for the foreign exchange market. We remain cautious about the US dollar strengthening due to a stronger report and signs of inflation pass-through." (Golden Ten Data)