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11:46
Iran Says Fully Capable of Blocking Strait of Hormuz
BlockBeats News, March 11th, Iran's Islamic Revolutionary Guard Corps spokesperson today (March 11th) issued a strong warning, stating that Iran has the full capability to block the Strait of Hormuz. The spokesperson clearly stated: "We will never allow a single drop of oil to pass through the Strait of Hormuz in favor of the United States and its allies." At the same time, he pointed out that Western countries' attempts to suppress global oil and energy prices through external intervention are destined to fail. (CCTV International News)
11:45
Analyst: G7 discusses releasing oil reserves, beware of a "sell the fact" reaction in the market
Golden Ten Data reported on March 11 that Giuseppe Dellamotta, an analyst at the US financial website investinglive, pointed out that oil prices have stabilized this week in the $80 to $90 range because G7 countries have begun discussing the possibility of releasing emergency oil reserves to ease market pressure. If this measure is implemented, its scale will set a historical record. If the reserve release is ultimately carried out, it is likely to be only a short-term relief measure. The market may even see a typical "sell the fact" reaction, meaning that after the reserves are actually released, oil prices may rise instead. The fundamental issue remains the closure of the Strait of Hormuz, and before the situation truly de-escalates, the downside for oil prices may still be limited.
11:44
The European Central Bank releases the Appia roadmap to advance tokenized financial markets based on central bank money.
ChainCatcher news, the European Central Bank released the Appia roadmap on Wednesday, outlining a long-term development plan for a tokenized wholesale financial market based on central bank money. The roadmap revolves around two related initiatives: Pontes, which is the euro system's distributed ledger technology settlement solution, and Appia, which serves as the overall strategic framework for building the future tokenized financial ecosystem. The Pontes initiative is scheduled to launch in the third quarter of 2026. Piero Cipollone, a member of the Executive Board of the European Central Bank, stated that Appia aims to build a bridge from the current financial system to the future tokenized market, with central bank money as a solid foundation. The Pontes initiative plans to connect the market's distributed ledger infrastructure with the euro system's TARGET services by the end of the third quarter of 2026. TARGET services are the payment and settlement systems operated by the euro system, including the large-value payment system TARGET2, the securities settlement system T2S, and the instant payment system TIPS. The European Central Bank is simultaneously opening a public consultation, inviting participants from both the public and private sectors to provide feedback on the roadmap or submit proposals for participation in its implementation. The deadline for feedback is April 22.
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