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10:11
Source: Insider Insiders: Gulf Countries Expected to Push for Exemption from Strait Transit Fees
According to BlockBeats News on June 24th, sources familiar with the matter revealed that the Prime Minister of Qatar initiated relevant discussions in Muscat, the capital of Oman, on Wednesday to facilitate talks among Iran, the Gulf Cooperation Council (GCC) member states, and Iraq regarding the reopening of the Strait of Hormuz and future operational arrangements. The sources stated that although transit fees were not officially on the agenda, Iran is expected to propose schemes such as environmental fees, navigation fees, and security fees during the negotiations. Gulf countries, on the other hand, are expected to advocate for maintaining the Strait of Hormuz free of transit fees to ensure smooth energy and trade transport in the region.
10:10
Matrixdock expands tokenized gold XAUm to the Stellar network, and SDF will make a direct investment in XAUm.
According to ChainCatcher, Matrixdock, the leading RWA tokenization platform in Asia under BIT (formerly Matrixport), has announced that its tokenized gold XAUm has now officially expanded to the Stellar network. As part of a diversified on-chain reserve allocation, the Stellar Development Foundation (SDF) will make a direct investment in XAUm, further strengthening XAUm's status as a reserve-grade asset in the allocation of institutional reserves. Currently, XAUm has become one of the world's top four tokenized gold products and is also the largest tokenized gold product in Asia, with an ecosystem that has accumulated over 88,000 unique on-chain addresses and completed about 730,000 transactions.
10:05
Sources say the US SEC is reviewing private equity “continuation funds”
Glonghui June 24 | Media reports citing sources reveal that as part of a broader review of the private equity market, the U.S. Securities and Exchange Commission is currently scrutinizing private equity "continuation funds".
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