by Michael
Key TakeawaysTrump authorized the toll-free reopening of the Strait of Hormuz and lifted the U.S. naval blockade on June 14, 2026.WTI crude fell roughly 3.2% to $84.88/barrel, and Brent dropped 3.4% to $87.33 on reduced supply risk.Bitcoin climbed above $65,000 on the...
by Michael
Key TakeawaysChina prepares a commercial Mbridge rollout to challenge SWIFT, after processing 470B yuan in volume.Sheikh Mansour sent 50M digital dirhams via Mbridge in 2024, showing the readiness of the system.Wang Jian stated Mbridge will next boost the renminbi’s...
by Michael
Key TakeawaysThe Trump administration issued export controls on June 13, forcing Anthropic to pull Mythos and Fable 5 globally.Semafor reports China-linked actors are suspected of accessing Mythos, raising reverse-engineering fears for U.S. security.Crypto platforms,...
by Michael
Key TakeawaysMysten Labs cut Sui fees, driving $65B volumes since June 10 after making stablecoins transactions free.Certik noted Sui hit $2.27T in volume since early 2024, focusing on B2B markets and retail use.Adeniyi Abiodun states Sui aims to increase market...
by Michael
Key TakeawaysLawmakers examined eight digital asset tax proposals covering payments, donations, mining, staking, and compliance.Several proposals would reduce reporting requirements for routine digital asset transactions and stablecoin payments.Other measures address... Translate »