Trump: European allies have promised to assist in clearing the Strait of Hormuz, the United States may not necessarily rely on them
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US President Trump stated on Wednesday that European allies have pledged to assist the US in clearing the Strait of Hormuz to ensure safe navigation, but the US may not necessarily rely on Europe to reopen the strait.
According to CCTV News, regional diplomats who have knowledge of the details of the US Iran memorandum stated that the 14 point memorandum text circulating on CNN and Bloomberg is not the official text signed by the US and Iran last weekend. The content is a draft memorandum formed in May. US President Trump announced on the 14th that he has reached a ceasefire memorandum of understanding with Iran, and the official signing ceremony will be held on the 19th at the B ü rgens Hill in Switzerland.
According to a report by Jin Shi, US President Trump stated that only Iran will provide a $300 billion fund if it takes the right actions. Iran's reconstruction will take 15 to 20 years. The frozen Iranian funds belong to Iran and will be returned at some point. Trump believes that the US dollar has become very strong during his tenure, and if Iran's funds are not returned, it will be detrimental to the US dollar.
According to market news, European Central Bank President Lagarde directly blocked Binance from entering Europe to support the promotion of the digital euro.
According to The Block, Satori Finance, invested by institutions such as Polychain Capital and Coinbase Ventures, has announced the cessation of operations. Users are required to complete asset withdrawals before 07:59 (UTC+8) on July 17th. Satori Finance completed a seed round financing of $10 million in 2022, deploying networks covering Arbitrum, Optimism, BNB Chain, and providing 25 times leverage and point mining models.
