News

Jinse Finance reported that on May 3, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) warned on May 1 local time that any shipping company making payments to Iran for passage through the Strait of Hormuz, in any form including charitable donations, may be subject to U.S. sanctions. In a document published on April 28, OFAC stated that the U.S. prohibits American individuals or entities from paying security transit fees to Iran for passing through the Strait of Hormuz, and that non-American individuals or entities also face significant sanctions risk if they pay such fees to Iran. On May 1, OFAC further stated that Iran’s payment requirements may not only include cash transfers, but also digital assets, debt offsets, informal swaps, or other forms of payment in kind, including charitable donations to the Iranian Red Crescent or Iranian embassies. Individuals or entities involved, regardless of the method, may face U.S. sanctions as soon as payment is made to Iran. It is not yet clear whether any enterprises or countries have made such indirect payments. It is reported that to allow a vessel to pass through the Strait of Hormuz, some entities have paid Iran at least $2 million. OFAC also announced new sanctions on three Iranian foreign exchange companies. (Golden Ten Data)

May 2 news, Dragonfly partner Haseeb Qureshi stated that retail investors have now largely exited the market, with institutions forming the market bottom and supporting Bitcoin; Bitcoin is viewed as a mature asset poised for sustained growth over the next 15–20 years, while altcoins need a clear narrative to attract retail investors. The core of crypto lies in money and finance, with DeFi, stablecoins, exchanges, and RWA demonstrating strong stickiness; the involvement of AI will enable agent-mediated transactions, greatly increasing adoption, with low-risk preference users becoming the primary entry point. Savings-type assets and passive investment are expected to see explosive growth on-chain.

According to Golden Ten Data, ChainCatcher reports that Federal Reserve's Goolsbee stated that GDP growth has been unexpectedly strong and consumer spending is also steadily advancing.