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๐ก๐ก๐ก Summary of Major News Highlights of the Day
๐ข According to Fox News, the United States and Iran will hold direct peace talks on Saturday in Pakistan. The U.S. delegation includes JD Vance, Jared Kushner, and Steve Witkoff. The Iranian delegation includes Foreign Minister Araghchi and Parliament Speaker Ghalibaf.
๐ข President Trump stated that there are reports indicating Iran is charging fees to oil ships passing through the Strait of Hormuz, and Trump said that itโs best if that does not happen, and if it does, Iran needs to stop immediately.
๐ข U.S. Treasury Secretary Bessent called on Congress to quickly pass crypto market structure legislation before itโs too late, emphasizing that time is running out and immediate action is needed, and he also believes that crypto is a technology that the world is gradually accepting and that interest rates should be lowered.
๐ข The White House warns staff not to bet on the prediction market amid the Iran war context ๐
๐ข Trumpโs brotherโs company, World Liberty Financial, dismisses concerns about liquidation risks, clarifying that there are no liquidation risks. The project also revealed over $65 million spent on token buybacks and an upcoming governance proposal for early token holders.
๐ข Morgan Stanleyโs head of Digital Assets said their newly launched Bitcoin ETF had the best first trading day among all their ETFs, with many other crypto products in development.