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Iran submitted legal documents to the International Maritime Organization, denying claims of "blocking the Strait of Hormuz".

According to a report by CCTV News on April 13, local time, Iran submitted a legal document to the Legal Committee of the International Maritime Organization (IMO) on April 13, outlining its position on the results of the previous special meeting of the Council. Iran denied claims of "blocking the Strait of Hormuz" and pointed out that the fundamental reason for the current deterioration of maritime security in the Persian Gulf lies in external military actions. It also emphasized that any so-called "safe maritime passage" arrangement must be approved by Iran. Regarding the issue of navigation in the Strait of Hormuz, which has attracted international attention, Iran clearly stated in the document that the strait remains open to international navigation, but due to the current deteriorating security environment, the associated risks have significantly increased. Regarding the proposals from some countries to establish a "safe maritime passage," Iran stressed that as a littoral state of the Strait of Hormuz, Iran has the right to manage and ensure the safety of navigation in the relevant waters under the law. Any shipping arrangements must be carried out with full coordination and consent from the relevant Iranian authorities; otherwise, they would constitute interference with the jurisdiction of the coastal state.
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07-08 20:31

The Bank of Korea has released a regulatory proposal suggesting that personal stablecoin transactions exceeding $10,000 should be limited to transfers from verified wallets.

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07-08 20:22

Gate responded to online rumors of user asset theft: An urgent investigation is underway, and preliminary assessments indicate it is an isolated incident.

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Justin Sun has staked $430 million in Ethereum on Lido, yielding an annualized return of approximately $9.5 million.

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Morgan Stanley reiterated its "overweight" rating on RKLB and raised its bullish price target to $293.

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