US Vice President Vance stated that Iran must substantially reduce its nuclear enrichment capabilities, rather than just making future commitments, in order to meet US demands and end the seven month long war between the two countries. Vance believes that if Iran wants to prove its determination not to develop nuclear weapons, it should stop producing enriched fuel with an abundance of 60% and take meaningful actions. The United States is open to reaching an agreement, but demands that Iran make concrete nuclear concessions and will not replace action with empty talk. (Source: Reuters, Jin Shi)

US Vice President Vance stated that if Iran wants to end the US Iran war, it must first substantially reduce its uranium enrichment capabilities. The US does not accept verbal promises and insists on the principle of action for action. The US and Iran recently passed the Qatar exchange program. If an agreement cannot be reached, the US will expand military operations after the November midterm elections. (Source: Reuters)

On October 2nd, Martha Pacold, a federal judge for the Northern District of Illinois, partially approved the preliminary injunction applications of Kalshi, Coinbase, and the US government, ruling that the state's sports betting license system and related criminal provisions are subject to federal law and temporarily prohibiting them from requiring Kalshi to hold a state license. The judge determined that Kalshi's "Champion Match" contract is a swap under the Commodity Exchange Act, which must be traded in a designated contract market and is not subject to state regulation. This is Kalshi's first federal victory since the Minnesota case in July. (Source: Bitcoin.com)

SpaceX seeks to raise $40 billion in funding, led by Apollo Global Management, for the procurement of Nvidia chips. The financing plan includes $10 billion in bank loans and $30 billion in investment grade debt, expected to be completed by 2027, with Pimco and other institutions participating in financing negotiations. SpaceX's credit rating is BBB, and the bonds can be purchased by institutional investors such as insurance companies and pension funds. Musk stated that SpaceX adopts NVIDIA technology and believes that the Vera Rubin architecture is currently the best AI computing architecture. After obtaining an investment grade rating in June, SpaceX issued $25 billion in senior bonds.

1. Federal Reserve Daley: Based on the evolution of macroeconomic data, policymakers may need to tighten monetary policy 2. Hong Kong will submit a virtual asset service licensing system bill by the end of this year, covering trading, custody, consulting, and management 3. The US trade deficit surged to $105.6 billion, reaching a 17 month high 4. The UAE Sovereign Wealth Fund holds nearly $1 billion in Bitcoin 5. FNB, the second largest bank in South Africa, will launch Bitcoin trading services for 9 million customers 6. Hong Kong confirms to formally submit Bitcoin and Cryptocurrency Bill this year 7. Trump says strong dollar won't bring inflation, considers suspending federal gasoline tax The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/554598